Copper Fox Metals (CVE:CUU) Trading Down 5.8% – Here’s Why

Copper Fox Metals Inc. (CVE:CUU) shares dropped 5.8% during trading on Friday . The stock traded as low as C$0.24 and last traded at C$0.25. Approximately 296,574 shares traded hands during trading, an increase of 55% from the average daily volume of 190,832 shares. The stock had previously closed at C$0.26.

Copper Fox Metals Trading Down 5.8 %

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.68 and a current ratio of 3.99. The stock has a market capitalization of C$139.11 million, a PE ratio of -115.00 and a beta of 2.17. The company has a 50 day moving average of C$0.28 and a two-hundred day moving average of C$0.28.

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.