Copper Fox Metals (CVE:CUU) Shares Up 2% - What's Next?

Key Points

• Copper Fox Metals Inc. shares rose by 2% to C$0.26, despite a significant drop in trading volume, which fell 73% compared to the average session.
• Atrium Research upgraded the stock to a "strong-buy" rating on June 10th, potentially impacting investor sentiment positively.
• The company, with a market cap of C$144.79 million, is engaged in the exploration of various copper mineral projects across Canada and the United States.

Shares of Copper Fox Metals Inc. (CVE:CUU - Get Free Report) shot up 2% on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 20,500 shares were traded during mid-day trading, a decline of 73% from the average session volume of 76,641 shares. The stock had previously closed at C$0.25.

Analyst Ratings Changes

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 Up 2.0%

The stock has a market cap of C$144.79 million, a PE ratio of -234.74 and a beta of 2.17. The business has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.25. The company has a current ratio of 4.74, a quick ratio of 1.68 and a debt-to-equity ratio of 0.10.

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.