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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a resource company, which is focused on copper exploration and development in Canada and the United States. The Company’s projects include Schaft Creek, Van Dyke, Sombrero Butte, Mineral Mountain and Eaglehead. The Schaft Creek project covers 56,180 hectares of mineral concessions located in Tahltan Territory in northwestern British Columbia, approximately 60 kilometers south of Telegraph Creek, near existing seaport, transportation and clean hydroelectric energy infrastructure. The Van Dyke project is an advanced stage in-situ copper recovery project located in Miami, Arizona. The Sombrero Butte project is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District, 44 miles northeast of Tucson, Arizona. Mineral Mountain is an early-stage Laramide age, porphyry copper exploration project located in the Mineral Mountain Mining District, 20 miles east of Florence, Arizona.


TSXV:CUU - Post by User

Bullboard Posts
Post by kelownasunon Apr 02, 2011 3:50pm
825 Views
Post# 18377634

CUU

CUU

Copper Fox Metals strengthens above Moving Average Price (MAP), with 50-day MAP beating its 200-day MAP Add to your bookmarks!

Apr 2, 2011, by NewsBites

NEWS BITES CANADIAN MARKETS

Copper Fox Metals (CUU.T), Canada's 42nd largest Financial Services company by market capitalisation, has strengthened above its trend. The 200-day moving average price (MAP) was 81.30c. The price to 200-day MAP ratio is 2.36, a bullish indicator. In the past 200 days this ratio has exceeded 2.36 forty-seven times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of CAD1.402 is higher than the 200-day MAP of 81.30c, a bullish indicator. The 200-day MAP has increased to 81.30c. An increase is another bullish indicator. The stock rose for a third week on Friday. The share price rose 2.0c (or 1.1%) to CAD1.92 in the week ending Friday April 01. Compared with the S&P/TSX Equity 60 index which rose 4.4 points (or 0.6%) in the week, this represented a relative price change of 0.5%.

Price Change %

3-week

3-month

CUU

29.7%

120.7%

Financial Services

2%

6%

S&P/TSX 60

2.9%

5.4%

TECHNICAL ANALYSIS

Uptrend

Price Volume Trend: the price soared 13.6% in the last month. This has been propped up by firm volume 1.2 times average for the month. In the last six months the number of rises outnumbered falls 13:12 or 1.1:1.

Relativities: in the Canadian market of 2,303 stocks & 78 units traded today, the stock has a 6-month relative strength of 90 which means it is beating 90% of the market. A price rise combined with a high relative strength is a bullish signal.

Exponential Moving Average Price (EMAP) [with higher weightage to recent prices]: the price to 50-day EMAP ratio is 1.3, a bullish indicator. In the past 50 days this ratio has exceeded 1.3 22 times suggesting further upside. The 50-day EMAP has increased to CAD1.473. An increase is another bullish indicator.

Breakout: in the last six months the stock has hit a new 52-week high five times, pointing to an uptrend.

Support: the support price is hovering at the CAD1.25 level. Volume traded at the weak support price zone was 0.4 times average during the three occasions when the support price was breached. In the last one month the first low was at CAD1.25 on Mar 10, the next at CAD1.25 on Mar 11. The third decline halted at CAD1.27 on Mar 15.

Resistance: resistance is apparent at CAD2.06. However, selling pressure at that level has been weak; volume was 0.5 times average during the two occasions when the resistance price was breached in the last one month. In the last one month the highest was at CAD2.06 on Mar 23, the second advance halted at CAD2.04 on Mar 24.

PRICE VOLUME DYNAMICS

Volatility: the stock traded between an intraweek low of CAD1.86 and a high of CAD1.94.

Relativities: in the Canadian market the stock has a trailing week relative strength of 64.51 indicating it is trailing 35.49% of the market.

Volume and turnover period: there were 2,421,933 shares worth CAD4.6 million (US$4.8 million) traded. The volume was 0.5 times average trading of 5,260,305 shares. The turnover rate in the 12 months to date was 71.7% (or a turnover period of 1 year 4 months).

% Discount to high: the last price is at a discount of 6.8% to the 12-month high of CAD2.06 nine-days ago on 23 Mar, 2011.

Volume weighted price (VWP): the price is at a premium of 38.8% to the 3-month volume weighted average price of CAD1.383. Given that this premium has been under 38.8% twenty-four times and over 38.8% fourteen times in the last year, the downside:upside probability is estimated at 24:14 or 1.7:1.

THIS WEEK'S PRICE PERFORMANCE RANK IN INDEX AND SECTORS

The stock is in 1 index and 2 sectors.

The following index and sectors rose setting the trend for its rise of 1.1% for the week (rank by percentage price change of stock for 1 week;12 months in sector/index in brackets):

Total Canadian Market (rank 841;42 out of 3324) which was up 4.5 points or 0.6% to 799.6,

S&P/TSX Equity 60 index which was up 4.4 points or 0.6% to 810.5,

Financial Services sector (rank 54;6 out of 259) which was up 0.5 points or 0.1% to 770.

The Financial Services company sector is the 4th largest by market capitalisation out of Canada's 29 sectors. It is made up of 259 publicly listed companies with a combined market capitalisation of CAD123.3 billion (US$128.1 billion). In 2010 earnings for the sector grew 90.6% compared with those of 2009. The main players in the sector include Power Financial class J preference, Brookfield Asset Management, IGM Financial and CI Financial.

Percentile Rank

1-week

3-month

1-year

CUU

64.51

98

98

Financial Services

51

63

35

S&P/TSX 60

55

61

46

SHAREHOLDER RETURNS

Trailing five weeks: the stock rose thirteen times (50% of the time), fell nine times (35% of the time), was untraded three times (12% of the time) and was unchanged once (4% of the time). The volume was 1.5 times average trading of 25,249,463 shares. The value of CAD1,000 invested five weeks ago is CAD1,129 [vs CAD1,006 for the S&P/TSX Equity 60 index] for a capital gain of CAD129.

Trailing thirteen weeks: the stock rose thirty one times (48% of the time), fell twenty five times (39% of the time), was unchanged four times (6% of the time) and was untraded four times (6% of the time). The volume was 1.4 times average trading of 64,175,717 shares. The value of CAD1,000 invested thirteen weeks ago is CAD2,000 [vs CAD1,059 for the S&P/TSX Equity 60 index] for a capital gain of CAD1,000.

Trailing Two Years: the value of CAD1,000 invested two years ago is CAD25,600 [vs CAD1,513 for the S&P/TSX Equity 60 index] for a capital gain of CAD24,600.

PVCAD1000

1-week

3-month

2-year

CUU

CAD1,016

CAD2,000

CAD25,600

Financial Services

CAD1,004

CAD1,066

CAD1,491

S&P/TSX 60

CAD1,006

CAD1,059

CAD1,513

FINANCIALS

Annual Report for the year ended October 31, 2010 (year-on-year comparisons with previous corresponding period)-

Favourable Changes: EPS continued to be negative like in the previous year; however, there was an improvement from -19.0 Canadian cent (US-19.0c) in the previous year to -1.0 Canadian cent (US-1.0c).

Unfavourable Changes: loss of CAD1.6m ($US1.6m); losses in all of the last 3 years; Net tangible assets per share down 17.35% to CAD0.07137 (US7.0c); operating cash flow is negative; total number of shares outstanding up 97.27% to 290,223,364.

Major Common Size Ratios: fixed assets to total assets up from 77.49% to 92.52%; total current assets to total assets down from 22.51% to 7.48%; current debtors to total assets up from 0.46% to 2.04%; cash to total assets down from 19.47% to 1.96%.

FUNDAMENTALS

Price to NTA: The price to net tangible asset backing per share is 34.0.

Size

CUU

Rank in Financial Services

MCAP (CAD)

705.3 million

19

Assets (CAD)

23.7 million

59

ISSUED CAPITAL

Based on 367,362,554 issued shares the market capitalisation is CAD705.3 million (US$732.5 million).

ACTIVITIES

Copper Fox Metals began corporate life with an initial public offering in June of 2004, in order to pursue plans to acquire one of the largest undeveloped copper-gold-molybdenum porphyry deposits in Canada. It is focused on completing, by the end of 2010, a feasibility study on the Schaft Creek deposit, one of Canada's largest undeveloped copper-gold-molybdenum-silver deposits located in north western British Columbia.

REPORTED BUYING

Reported Buying:

March 16: Copper Fox Metals insider buys

Copper Fox Metals (CUU.T) insider Mackay-dunn, R. Hector bought 80,000 shares worth approximately CAD117,600 on March 16, 2011. The last price was CAD1.50.

March 15: Copper Fox Metals insider buys

Copper Fox Metals (CUU.T) insider Macdonald,David Morris bought 40,000 shares worth approximately CAD54,400 on March 15, 2011. The last price was CAD1.30.

March 14: Copper Fox Metals insider buys

Copper Fox Metals (CUU.T) insider Macdonald,David Morris bought 10,000 shares worth approximately CAD13,900 on March 10, 2011. The last price was CAD1.29.

March 14: Copper Fox Metals insider buys

Copper Fox Metals (CUU.T) insider Macdonald,David Morris bought 25,000 shares worth approximately CAD34,750 on March 10, 2011. The last price was CAD1.28.

March 14: Copper Fox Metals insider buys

Copper Fox Metals (CUU.T) insider Macdonald,David Morris bought 15,000 shares worth approximately CAD20,850 on March 10, 2011. The last price was CAD1.27.

BUSINESS NEWS ROUND UP

The last 5 snippets were:

March 16: Copper Fox announces the closing of a $3,750,000 non brokered private placement flow-through offering

[News Stroy] https://www. cnxmarketlink. com/en/releases/archive/March2011/16/c3584. html Source: CNW Group

February 17: Copper Fox Announces a $3,750,000 Non Brokered Private Placement Flow-Through Offering

[Company Release] Vancouver, British Columbia -- February 17, 2011 -- Copper Fox Metals Inc. ("Copper Fox" or "the Company") (TSX-V: CUU) is pleased to announce that subject to approval of the TSX-Venture Exchange, the Company intends to complete a non-brokered private placement to raise up to $3,750,000 in flow-through funds (the "Offering").

February 16: Copper Fox Listed As Top Ranked Company In 2010 By TSX Venture Exchange

[Company Release] Vancouver, British Columbia - February 16, 2011 - Copper Fox Metals Inc. ("Copper Fox" or "the Company") (TSX-V: CUU) is very pleased to announce that the TSX Venture Exchange Inc. has ranked Copper Fox as its top overall performing company in the TSX Venture 50(Registered) for 2011. On February 15, 2011 Copper Fox was recognized as a TSX Venture 50(Registered) company for 2011.

February 15: Copper Fox Announces Fourth Quarter Highlights and 2010 Year-End Financial Results

[Company Release] https://www. copperfoxmetals. com/s/NewsReleases. aspReportID=442660&_Type=News-Releases&_Title=Copper-Fox-Announces-Fourth-Quarter-Highlights-and-2010-Year-End-Financial-. Source: Company Website

February 14: Copper Fox Metals: Milestone In Environmental Assessment Of Schaft Creek Achieved

[Company Release] Vancouver, British Columbia -- February 14, 2011 -- Copper Fox Metals Inc. ("Copper For" or "the Company") (TSX-Venture: CUU) is very pleased to announce that it has received confirmation from the BC Environmental Assessment Office and the Canadian Environmental Assessment Agency that its Application Information Requirements (AIR) for the proposed Schaft Mine has been approved. The AIR has been developed to meet the requirements of the cooperative environmental assessment being conducted pursuant to both the British Columbia's Environmental Assessment Act and the Canadian Environmental Assessment Act.

Currency Conversion: Canadian dollar CAD1= US$1.0385 [or US$1=CAD0.96]; Against the US$ the CAD climbed 79.59 basis points (or 0.8%) for the day; climbed 1.9% for the week; increased 1.2% for the month; advanced 8.3% in the past year. CAD1 = 100c.



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