Copper Fox Metals (CVE:CUU) Stock Price Down 2.7% - Here's What Happened

Key Points

• Copper Fox Metals Inc. (CVE:CUU) experienced a stock price decline of 2.7%, trading down to C$0.36 from a previous close of C$0.37.
• Atrium Research upgraded Copper Fox Metals to a "strong-buy" rating, and the stock holds a consensus rating of "Strong Buy" from analysts.
• The company has significant projects in copper exploration across Canada and the United States, including the Schaft Creek copper-gold-molybdenum-silver project.

Copper Fox Metals Inc. (CVE:CUU - Get Free Report) fell 2.7% on Thursday . The company traded as low as C$0.35 and last traded at C$0.36. 70,901 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 86,159 shares. The stock had previously closed at C$0.37.

Wall Street Analysts Forecast Growth

Separately, Atrium Research upgraded shares of Copper Fox Metals to a "strong-buy" rating in a research note on Tuesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company has a consensus rating of "Strong Buy".

Copper Fox Metals Stock Performance

The business's 50-day moving average price is C$0.28 and its 200-day moving average price is C$0.26. 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 stock has a market cap of C$207.05 million, a P/E ratio of -332.41 and a beta of 1.77.

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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