Copper Fox Metals (CVE:CUU) Stock Price Up 17.2% – What’s Next?

Copper Fox Metals Inc. (CVE:CUU) was up 17.2% on Wednesday . The stock traded as high as C$0.52 and last traded at C$0.51. Approximately 772,468 shares changed hands during trading, an increase of 708% from the average daily volume of 95,619 shares. The stock had previously closed at C$0.44.

Copper Fox Metals Price Performance

The business has a 50-day moving average price of C$0.39 and a two-hundred day moving average price 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. The company has a market capitalization of C$299.07 million, a price-to-earnings ratio of -480.15 and a beta of 2.07.

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.