Copper Fox Metals (CVE:CUU) Shares Down 3.7% – Here’s What Happened

Copper Fox Metals Inc. (CVE:CUU)’s stock price was down 3.7% during mid-day trading on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 159,753 shares changed hands during trading, an increase of 108% from the average daily volume of 76,705 shares. The stock had previously closed at C$0.27.

Copper Fox Metals Stock Performance

The company has a quick ratio of 1.68, a current ratio of 3.99 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average price of C$0.28 and a 200 day moving average price of C$0.28. The stock has a market cap of C$147.63 million, a P/E ratio of -115.00 and a beta of 2.17.

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.