Copper Fox Metals (CVE:CUU) Trading 28.7% Higher – What’s Next?

Copper Fox Metals Inc. (CVE:CUU) shares were up 28.7% during mid-day trading on Thursday . The stock traded as high as C$0.56 and last traded at C$0.56. Approximately 1,024,631 shares changed hands during mid-day trading, an increase of 959% from the average daily volume of 96,773 shares. The stock had previously closed at C$0.44.

Copper Fox Metals Price Performance

The company’s 50-day moving average price is C$0.39 and its 200-day moving average price is C$0.32. The company has a market cap of C$322.07 million, a P/E ratio of -517.08 and a beta of 2.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.74 and a quick ratio of 1.68.

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.