Copper Fox Metals (CVE:CUU) Trading 28.7% Higher – Here’s Why

Copper Fox Metals Inc. (CVE:CUU)’s share price shot up 28.7% during trading on Thursday . The company traded as high as C$0.56 and last traded at C$0.56. 1,024,631 shares changed hands during mid-day trading, an increase of 959% from the average session volume of 96,773 shares. The stock had previously closed at C$0.44.

Copper Fox Metals Trading Up 28.7%

The stock has a market cap of C$322.07 million, a P/E ratio of -517.08 and a beta of 2.07. The firm’s 50 day simple moving average is C$0.39 and its two-hundred day simple moving average is 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.

About Copper Fox Metals

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.