Copper Fox Metals (CVE:CUU) Stock Price Down 2% - Here's What Happened

Copper Fox Metals Inc. (CVE:CUU - Get Free Report)'s stock price fell 2% on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.25. 44,580 shares were traded during mid-day trading, a decline of 42% from the average session volume of 77,281 shares. The stock had previously closed at C$0.25.

Wall Street Analyst Weigh In

Separately, Atrium Research upgraded shares of Copper Fox Metals to a "strong-buy" rating in a research report on Tuesday, June 10th.

Copper Fox Metals Stock Performance

The stock has a market cap of C$136.27 million, a price-to-earnings ratio of -220.93 and a beta of 2.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.68 and a current ratio of 4.74. The company's 50 day simple moving average is C$0.25 and its 200 day simple moving average is C$0.25.

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.