Phoenix Copper (LON:PXC) Insider Buys £11,000 in Stock

Phoenix Copper Limited (LON:PXC) insider Richard Wilkins acquired 550,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were bought at an average cost of GBX 2 per share, with a total value of £11,000.

Phoenix Copper Trading Up 8.9%

Shares of PXC stock opened at GBX 1.95 on Monday. The company has a current ratio of 0.65, a quick ratio of 13.42 and a debt-to-equity ratio of 5.51. Phoenix Copper Limited has a 12-month low of GBX 1.75 and a 12-month high of GBX 7. The stock has a market capitalization of £4.71 million, a P/E ratio of -0.59 and a beta of 1.75. The firm’s 50 day moving average is GBX 2.63 and its 200 day moving average is GBX 3.29.

About Phoenix Copper

Phoenix Copper Limited is a North American focused, base and precious metal explorer and developer, with operations near Mackay, Idaho in the Alder Creek mining district. This district includes the historical Empire, Horseshoe, White Knob and Blue Bird Mines, which produced copper at head grades of 6-8% prior to ceasing production in the 1940s.