Copper Fox Metals (CVE:CUU) Trading 2% Higher - Here's What Happened

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.

Copper Fox Metals Inc. (CVE:CUU - Get Free Report)'s share price traded up 2% on Thursday . The stock 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 Upgrades and Downgrades

Separately, Atrium Research raised Copper Fox Metals to a "strong-buy" rating in a research report on Tuesday, June 10th.

Copper Fox Metals Stock Performance

The stock has a market cap of C$144.79 million, a price-to-earnings ratio of -234.74 and a beta of 2.17. The company's fifty day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.25. 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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