Phoenix Copper (LON:PXC) Shares Up 7.9% – What’s Next?

Shares of Phoenix Copper Limited (LON:PXCGet Free Report) shot up 7.9% during trading on Monday . The company traded as high as GBX 3.08 ($0.04) and last traded at GBX 3.08 ($0.04). 1,038,575 shares were traded during mid-day trading, an increase of 72% from the average session volume of 603,363 shares. The stock had previously closed at GBX 2.85 ($0.04).

Phoenix Copper Price Performance

The stock has a market capitalization of £7.52 million, a PE ratio of -3.07 and a beta of 1.75. The firm’s fifty day moving average price is GBX 4.50 and its two-hundred day moving average price is GBX 8.48. The company has a quick ratio of 13.42, a current ratio of 0.65 and a debt-to-equity ratio of 5.51.

Phoenix Copper Company Profile

(Get Free Report)

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.

Further Reading

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