Phoenix Copper (LON:PXC) Shares Down 2.9%

Phoenix Copper Limited (LON:PXCGet Rating)’s stock price fell 2.9% during trading on Tuesday . The stock traded as low as GBX 33 ($0.40) and last traded at GBX 33.50 ($0.40). 147,899 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 382,783 shares. The stock had previously closed at GBX 34.50 ($0.42).

Phoenix Copper Stock Performance

The company’s fifty day simple moving average is GBX 28.10 and its 200 day simple moving average is GBX 41.46. The company has a current ratio of 11.89, a quick ratio of 11.75 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of ¬£40.91 million and a P/E ratio of -49.29.

About Phoenix Copper

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Phoenix Copper Limited 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. It owns 80% interest in the Empire Mine property. The company also holds 100% interest in the Redcastle property consisting 30 unpatented claims covering an area of approximately 600 acres, and Bighorn property consisting 29 unpatented claims covering 580 acres located in Idaho; Red Star project located in Mackay, Idah; and Navarre Creek property covering 2,420 acres located in Custer County, Idaho.

Further Reading

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