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

Copper Fox Metals Inc. (CVE:CUU) experienced a decline of 1.8% in its stock price on Wednesday, dropping to C$0.27 per share. During mid-day trading, the stock's activity noted approximately 166,357 shares exchanged, which is a significant increase of 90% compared to the average daily volume of 87,675 shares. The previous day's closing price was C$0.28.

Copper Fox Metals Trading Down 1.8%

The company is characterized by a debt-to-equity ratio of 0.10, along with a quick ratio of 1.68 and a current ratio of 4.74. Its 50-day moving average price stands at C$0.26, while the 200-day moving average price is at C$0.27. The market capitalization for Copper Fox Metals is C$153.31 million, with a price-to-earnings (PE) ratio of -248.55 and a beta of 2.17.

Copper Fox Metals Company Overview

Copper Fox Metals Inc. is engaged in the exploration and development of copper mineral properties across Canada and the United States. The firm holds an interest in the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. Additionally, it supervises the Eaglehead porphyry copper project in the Liard Mining District of British Columbia, the advanced stage Van Dyke in-situ copper recovery project in the Globe-Miami Mining District of Arizona, the Sombrero Butte project near Tucson, Arizona, and the Mineral Mountain copper project in Florence, Arizona.

Investment Considerations

Before considering an investment in Copper Fox Metals, it is important to analyze current market recommendations. As of now, analysts maintain a Hold rating on the stock. However, it is worth noting that top-rated analysts are currently recommending other stocks that may be more favorable investments. This may raise questions for potential investors about whether to maintain or sell their holdings in Copper Fox Metals.

The current market downturn prompts many investors to reevaluate their portfolios and consider ways to mitigate risks. Entering an email address may provide additional insights on using beta as a strategy for portfolio protection.

Copper, Stocks, Market