Copper Fox Metals (CVE:CUU) Trading Up 28.7% – What’s Next?

Shares of Copper Fox Metals Inc. (CVE:CUU) shot up 28.7% during mid-day trading on Wednesday . The stock traded as high as C$0.56 and last traded at C$0.56. 1,024,631 shares traded hands during 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 Stock Performance

The stock has a market capitalization of C$322.07 million, a price-to-earnings ratio of -517.08 and a beta of 2.07. The stock’s 50-day simple moving average is C$0.39 and its 200 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.