Copper Fox Metals (CVE:CUU) Stock Price Down 8.8% – Here’s What Happened

Copper Fox Metals Inc. (CVE:CUU) shares were down 8.8% during trading on Friday . The company traded as low as C$0.51 and last traded at C$0.52. Approximately 110,561 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 210,403 shares. The stock had previously closed at C$0.57.

Copper Fox Metals Stock Performance

The company’s 50-day moving average price is C$0.72 and its two-hundred day moving average price is C$0.52. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.79 and a quick ratio of 1.68. The company has a market capitalization of C$319.90 million, a price-to-earnings ratio of -600.18 and a beta of 1.05.

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.