Copper Fox Metals (CVE:CUU) Shares Down 2.7% - Here's Why

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)'s share price traded down 2.7% on Thursday . The stock traded as low as C$0.35 and last traded at C$0.36. 70,901 shares were traded 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.

Analyst Upgrades and Downgrades

Separately, Atrium Research raised Copper Fox Metals to a "strong-buy" rating in a report on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company has an average rating of "Strong Buy".

Copper Fox Metals Price Performance

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 has a market cap of C$201.29 million, a P/E ratio of -323.18 and a beta of 1.77. The stock has a 50-day simple moving average of C$0.28 and a 200 day simple moving average of C$0.26.

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.