Phoenix Copper Limited (LON:PXC – Get Free Report)’s share price fell 6.7% during trading on Tuesday . The stock traded as low as GBX 1.12 and last traded at GBX 1.12. 542,366 shares were traded during trading, a decline of 80% from the average session volume of 2,762,591 shares. The stock had previously closed at GBX 1.20.
Phoenix Copper Price Performance
The stock has a market capitalization of £3.88 million, a P/E ratio of -0.39 and a beta of 0.39. The stock’s fifty day moving average is GBX 1.12 and its 200-day moving average is GBX 1.90. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.55 and a quick ratio of 13.42.
Phoenix Copper Company Profile
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. The focus of Phoenix is on bringing an open pit containing copper oxides at empire into production, and using the cashflow generated to progress exploration of the potentially significant copper sulphide deposit beneath.
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