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Copper Fox Metals (CVE:CUU) Stock Price Down 5.8% - Here's Why

Copper Fox Metals logo with Basic Materials background

Copper Fox Metals Inc. (CVE:CUU - Get Free Report) shares dropped 5.8% during trading on Friday . The company traded as low as C$0.24 and last traded at C$0.25. Approximately 296,574 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 190,832 shares. The stock had previously closed at C$0.26.

Copper Fox Metals Price Performance

The company has a quick ratio of 1.68, a current ratio of 3.99 and a debt-to-equity ratio of 0.14. The stock has a market cap of C$139.11 million, a P/E ratio of -115.00 and a beta of 2.17. The firm has a 50 day moving average price of C$0.28 and a 200 day moving average price of C$0.28.

Copper Fox Metals Company Profile

(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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