Copper Fox Metals (CVE:CUU) Shares Up 17.2% – Here’s Why

Shares of Copper Fox Metals Inc. (CVE:CUU) traded up 17.2% during trading on Wednesday . The company traded as high as C$0.52 and last traded at C$0.51. 708,468 shares changed hands during trading, an increase of 644% from the average session volume of 95,229 shares. The stock had previously closed at C$0.44.

Copper Fox Metals Stock Performance

The company has a market capitalization of C$287.56 million, a P/E ratio of -461.68 and a beta of 2.07. The company has a current ratio of 4.74, a quick ratio of 1.68 and a debt-to-equity ratio of 0.10. The company’s fifty day moving average is C$0.39 and its 200 day moving average is C$0.32.

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.