Copper Fox Metals (CVE:CUU) Trading 14.3% Higher – Should You Buy?

Copper Fox Metals Inc. (CVE:CUU)’s share price was up 14.3% during mid-day trading on Friday . The company traded as high as C$0.90 and last traded at C$0.80. Approximately 383,155 shares changed hands during mid-day trading, an increase of 271% from the average daily volume of 103,402 shares. The stock had previously closed at C$0.70.

Copper Fox Metals Stock Up 14.3%

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 firm’s 50 day simple moving average is C$0.44 and its 200-day simple moving average is C$0.35. The stock has a market capitalization of C$460.10 million, a price-to-earnings ratio of -738.69 and a beta of 2.07.

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.