Shares of Phoenix Copper Limited (LON:PXC – Get Free Report) dropped 6.1% on Friday . The company traded as low as GBX 0.57 and last traded at GBX 0.59. Approximately 13,206,682 shares were traded during trading, an increase of 137% from the average daily volume of 5,583,856 shares. The stock had previously closed at GBX 0.62.
Phoenix Copper Stock Down 6.1%
The firm has a 50-day moving average of GBX 0.70 and a two-hundred day moving average of GBX 1.02. The stock has a market capitalization of £1.75 million, a price-to-earnings ratio of -0.30 and a beta of 0.35. The company has a quick ratio of 13.42, a current ratio of 0.19 and a debt-to-equity ratio of 17.29.
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. 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.
Read More
- Five stocks we like better than Phoenix Copper
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Phoenix Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix Copper and related companies with MarketBeat.com's FREE daily email newsletter.
