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Copper Fox Metals (CVE:CUU) Stock Price Up 10.5% - Here's Why

Copper Fox Metals logo with Basic Materials background
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Key Points

  • Copper Fox stock jumped 10.5% during mid-day trading to C$0.63 (from C$0.57), with about 101,511 shares traded—roughly a 44% decline from its average daily volume.
  • The company has a market cap of C$363.48 million and a negative P/E of -600.18; its balance sheet shows low debt (debt-to-equity 0.09) but mixed liquidity metrics (quick ratio 1.68 vs current ratio 0.49).
  • Copper Fox is an explorer/developer of copper projects in Canada and the U.S., with interests in major assets such as Schaft Creek, Eaglehead, Van Dyke, Sombrero Butte, and Mineral Mountain.
  • MarketBeat previews the top five stocks to own by May 1st.

Copper Fox Metals Inc. (CVE:CUU - Get Free Report) rose 10.5% during mid-day trading on Thursday . The stock traded as high as C$0.63 and last traded at C$0.63. Approximately 101,511 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 180,029 shares. The stock had previously closed at C$0.57.

Copper Fox Metals Trading Up 8.8%

The firm has a market cap of C$363.48 million, a P/E ratio of -600.18 and a beta of 1.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.68 and a current ratio of 0.49. The firm has a fifty day moving average of C$0.64 and a 200-day moving average of C$0.57.

About Copper Fox Metals

(Get Free Report)

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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