Copper Fox Metals (CVE:CUU) Stock Price Up 19.5% – Still a Buy?
by Mitch Edgeman · The Markets DailyCopper Fox Metals Inc. (CVE:CUU – Get Free Report)’s stock price shot up 19.5% during trading on Wednesday . The stock traded as high as C$0.52 and last traded at C$0.52. 828,054 shares changed hands during trading, an increase of 764% from the average session volume of 95,883 shares. The stock had previously closed at C$0.44.
Copper Fox Metals News Roundup
Here are the key news stories impacting Copper Fox Metals this week:
- Neutral Sentiment: Copper Fox publicly congratulated Teck and Anglo American on receiving Canadian regulatory approval for their transaction — a consolidation event in the copper space that could influence investor sentiment toward copper exposure but does not directly change Copper Fox’s project portfolio or near-term development plans. Copper Fox Metals Congratulates Teck Resources and Anglo American as Canadian Regulatory Approval Is Received
Copper Fox Metals Stock Performance
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. The stock has a 50 day moving average of C$0.40 and a 200 day moving average of C$0.32. The company has a quick ratio of 1.68, a current ratio of 4.74 and a debt-to-equity ratio of 0.10.
Copper Fox Metals Company Profile
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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