Phoenix Copper (LON:PXC) Trading Up 18.9%

Phoenix Copper Limited (LON:PXC)’s share price was up 18.9% on Thursday . The company traded as high as GBX 16.50 ($0.21) and last traded at GBX 16.35 ($0.21). Approximately 2,057,778 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 1,023,348 shares. The stock had previously closed at GBX 13.75 ($0.17).

Phoenix Copper Trading Up 17.3 %

The company has a current ratio of 1.85, a quick ratio of 13.42 and a debt-to-equity ratio of 5.35. The business’s fifty day simple moving average is GBX 12.73 and its two-hundred day simple moving average is GBX 17.50. The stock has a market capitalization of £24.04 million, a P/E ratio of -1,375.00 and a beta of 1.76.

About Phoenix Copper

Phoenix Copper Limited, together with its subsidiaries, engages in the exploration and mining activities for precious and base metals primarily in North America. The company explores for copper, zinc, gold, lead, tungsten, cobalt, and silver deposits. Its flagship project is the 80% owned Empire Mine property located in Mackay, Idaho, USA.