Copper Fox Metals (CVE:CUU) Trading 1.9% Higher – Still a Buy?

Copper Fox Metals Inc. (CVE:CUU)’s stock price rose 1.9% during trading on Friday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 111,000 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 206,503 shares. The stock had previously closed at C$0.27.

Copper Fox Metals Price Performance

The firm has a 50-day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.27. The company has a market capitalization of C$156.15 million, a price-to-earnings ratio of -115.00 and a beta of 2.17. The company has a current ratio of 3.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.14.

Insider Buying and Selling

In other Copper Fox Metals news, Director Elmer Stewart sold 126,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$0.25, for a total value of C$31,500.00. 59.58% of the stock is owned by corporate insiders.

Copper Fox Metals Company Profile

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.