Copper Fox Metals (CVE:CUU) Trading 28.7% Higher – Should You Buy?

Copper Fox Metals Inc. (CVE:CUU – Get Free Report) was up 28.7% on Wednesday . The company traded as high as C$0.56 and last traded at C$0.56. Approximately 1,024,631 shares traded hands during mid-day trading, an increase of 959% from the average daily volume of 96,773 shares. The stock had previously closed at C$0.44.

Copper Fox Metals Stock Performance

The firm has a market capitalization of C$322.07 million, a P/E ratio of -517.08 and a beta of 2.07. The company has a current ratio of 4.74, a quick ratio of 1.68 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average of C$0.39 and a 200-day moving average of C$0.32.

Copper Fox Metals Company Profile

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Copper Fox Metals Inc engages in the exploration and development of copper mineral properties in Canada and the United States. The company holds interest in the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. It also holds interest in the Eaglehead porphyry copper project located in the Liard Mining District of British Columbia; Van Dyke, an advanced stage in-situ copper recovery project located in the Globe-Miami Mining District, Arizona; Sombrero Butte project located in the northeast of Tucson, Arizona; and Mineral Mountain copper project, which is located in Florence, Arizona.

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