Copper Fox Metals (CVE:CUU) Stock Price Down 2% – Here’s Why

Copper Fox Metals Inc. (CVE:CUU)’s share price fell 2% during trading on Wednesday . The company traded as low as C$0.24 and last traded at C$0.25. 260,457 shares changed hands during trading, an increase of 204% from the average session volume of 85,604 shares. The stock had previously closed at C$0.25.

Copper Fox Metals Stock Up 16.3 %

The stock has a market cap of C$161.83 million, a price-to-earnings ratio of -262.36 and a beta of 2.17. The company has a current ratio of 4.74, a quick ratio of 1.68 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average is C$0.25 and its two-hundred day moving average is C$0.27.

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.