Phoenix Copper Limited (LON:PXC – Get Free Report)’s stock price was down 10.4% during mid-day trading on Monday . The company traded as low as GBX 1 and last traded at GBX 1.07. 170,492 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 2,250,172 shares. The stock had previously closed at GBX 1.20.
Phoenix Copper Price Performance
The company has a debt-to-equity ratio of 17.29, a current ratio of 0.19 and a quick ratio of 13.42. The company has a 50 day moving average price of GBX 1.15 and a 200 day moving average price of GBX 1.59. The firm has a market cap of £3.21 million, a PE ratio of -0.32 and a beta of 0.34.
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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