Copper Fox Metals (CVE:CUU) Trading 9.8% Higher – Here’s Why

Copper Fox Metals Inc. (CVE:CUU) was up 9.8% on Monday . The stock traded as high as C$0.56 and last traded at C$0.56. Approximately 118,657 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 217,407 shares. The stock had previously closed at C$0.51.

Copper Fox Metals Stock Performance

The firm has a fifty day moving average of C$0.71 and a 200-day moving average of C$0.53. The company has a quick ratio of 1.68, a current ratio of 1.79 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of C$325.72 million, a price-to-earnings ratio of -600.18 and a beta of 1.05.

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.