Copper Fox Metals (CVE:CUU) Shares Down 1.8% - What's Next?

Copper Fox Metals Inc. (CVE:CUU) has seen a decline in its share price by 1.8% during mid-day trading this Wednesday. The stock dropped to a low of C$0.27 and was last traded at the same price. In terms of trading volume, around 166,357 shares were exchanged, which marked a notable increase of 90% compared to the average daily volume of 87,675 shares. The stock had previously closed at C$0.28.

Copper Fox Metals Stock Performance

The stock's current 50-day moving average stands at C$0.26, while the 200-day moving average is C$0.27. The company holds a debt-to-equity ratio of 0.10, a current ratio of 4.74, and a quick ratio of 1.68. With a market capitalization of C$150.47 million, the price-to-earnings ratio is reported at -243.95, and the beta value is 2.17, indicating higher volatility compared to the market.

Overview of Copper Fox Metals

Copper Fox Metals Inc. focuses on the exploration and development of copper mineral properties, primarily in Canada and the United States. The company holds interests in key projects, including the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia, and the Eaglehead porphyry copper project in the Liard Mining District of British Columbia. Additionally, they have stakes in several other projects, such as the Van Dyke in-situ copper recovery project in Arizona, the Sombrero Butte project near Tucson, and the Mineral Mountain copper project in Florence, Arizona.

Investment Consideration

Considering whether to invest in Copper Fox Metals, potential investors should note that the stock currently holds a "Hold" rating among analysts. MarketBeat identifies several stocks that top analysts recommend as better investment opportunities at this time, indicating that Copper Fox Metals may not be the best buy currently. Investors are encouraged to further explore their options and stay informed about market trends.

Copper, Stocks, Investment