Copper Fox Metals (CVE:CUU) Stock Price Up 28.7% – Should You Buy?

by · The Cerbat Gem

Shares of Copper Fox Metals Inc. (CVE:CUU – Get Free Report) traded up 28.7% on Wednesday . The stock traded as high as C$0.56 and last traded at C$0.56. 1,024,631 shares changed hands during trading, an increase of 961% from the average session volume of 96,582 shares. The stock had previously closed at C$0.44.

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Copper Fox Metals Stock Down 5.2%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.68 and a current ratio of 4.74. The stock’s fifty day simple moving average is C$0.40 and its two-hundred day simple moving average is C$0.32. The company has a market capitalization of C$316.32 million, a price-to-earnings ratio of -507.85 and a beta of 2.07.

About Copper Fox Metals

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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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