Copper Fox Metals (CVE:CUU) Shares Up 2.8% - Still a Buy?

Key Points

• Copper Fox Metals Inc. shares increased by 2.8% to C$0.37, but trading volume dropped significantly by 84% compared to the average.
• The company has a market capitalization of C$212.80 million and is involved in the exploration and development of copper mineral properties across Canada and the United States.
• Copper Fox's notable projects include the Schaft Creek copper-gold-molybdenum-silver project in British Columbia and the Van Dyke in-situ copper recovery project in Arizona.

Copper Fox Metals Inc. (CVE:CUU - )'s share price shot up 2.8% on Friday . The company traded as high as C$0.37 and last traded at C$0.37. 13,524 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 86,850 shares. The stock had previously closed at C$0.36.

Copper Fox Metals Trading Up 2.8%

The firm has a market cap of C$212.80 million, a P/E ratio of -341.64 and a beta of 1.80. The business's 50-day moving average is C$0.31 and its two-hundred day moving average is C$0.27. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.74 and a quick ratio of 1.68.

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.

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