Paasa Logo

Toronto Stock Exchange · Basic Materials

Invest in Faraday Copper stock from India

Indian and foreign residents can buy Faraday Copper (FDY) shares directly through Paasa.

By Paasa · Updated

Faraday Copper at a glance

Price
CA$5.58+CA$0.06 (1.09%)
Market cap
CA$1.63B
Day range
CA$5.41 – CA$5.64
P/E
-37.96
Dividend yield
None
Volume
548.95K
1 month
-3.46%
6 months
+49.20%
YTD
+104.40%
1 year
+232.14%
5 years
+830.00%

Live chart and statistics

Faraday Copper statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$0.0CA$0.0CA$0.0CA$0.0CA$0.0
Gross profit−CA$298.4K−CA$210.4K−CA$135.0K−CA$55.6K−CA$90.3K
Operating income−CA$28.7M−CA$23.2M−CA$21.5M−CA$8.3M−CA$5.5M
Net income−CA$27.9M−CA$22.5M−CA$20.5M−CA$21.3M−CA$5.5M
Earnings per share−CA$0.12−CA$0.12−CA$0.12−CA$0.07−CA$0.06
EBITDA−CA$28.4M−CA$23.2M−CA$20.4M−CA$21.3M−CA$5.4M
Total assetsCA$61.5MCA$40.6MCA$36.6MCA$32.1MCA$11.2M
Total debtCA$0.0CA$0.0CA$0.0CA$0.0CA$40.0K
Cash and short-term investmentsCA$37.9MCA$17.0MCA$14.9MCA$9.5MCA$4.2M
Shareholders' equityCA$58.0MCA$36.3MCA$34.1MCA$29.0MCA$10.5M
Operating cash flow−CA$27.2M−CA$19.6M−CA$19.0M−CA$3.0M−CA$1.4M
Free cash flow−CA$28.0M−CA$20.1M−CA$33.7M−CA$15.7M−CA$2.5M
Capital expenditure−CA$751.0K−CA$501.2K−CA$14.7M−CA$12.7M−CA$1.1M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
New Pacific MetalsNUAG.TOCA$9.36CA$1.72B
Arizona Sonoran CopperASCU.TOCA$8.06CA$1.68B
Amerigo ResourcesARG.TOCA$9.10CA$1.47B
NorthIsle Copper and GoldNCX.VCA$4.25CA$1.41B
Troilus MiningTLG.TOCA$2.16CA$1.14B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Faraday Copper from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search FDY and buy

    Find Faraday Copper by name or by its ticker, FDY, and place your order.

Why invest in Faraday Copper from India

What Faraday Copper does

Faraday Copper Corp. is an exploration-phase enterprise dedicated to securing and advancing mineral deposits throughout the United States. The company boasts full ownership of the Copper Creek project, spanning 16 square miles in Arizona's Pinal County. Faraday Copper operates in the Copper industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Faraday Copper stock from India?

Yes. Indian residents and NRIs can buy Faraday Copper (FDY) shares directly through Paasa. Faraday Copper is listed on the Toronto Stock Exchange, in the Copper industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Faraday Copper shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you