Copper Fox Metals (CVE:CUU) Stock Price Down 20% – Should You Sell?

Copper Fox Metals Inc. (CVE:CUU)’s share price fell 20% on Wednesday . The company traded as low as C$0.61 and last traded at C$0.64. 184,550 shares were traded during mid-day trading, an increase of 6% from the average session volume of 173,809 shares. The stock had previously closed at C$0.80.

Copper Fox Metals Price Performance

The company has a current ratio of 0.49, a quick ratio of 1.68 and a debt-to-equity ratio of 0.09. The stock has a market cap of C$375.20 million, a price-to-earnings ratio of -600.18 and a beta of 1.02. The stock has a 50-day moving average price of C$0.61 and a two-hundred day moving average price of C$0.60.

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.