Phoenix Copper (LON:PXC) Stock Price Up 14.3% – Here’s Why

Phoenix Copper Limited (LON:PXCGet Free Report) rose 14.3% during trading on Tuesday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). Approximately 232,456 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 1,047,673 shares. The stock had previously closed at GBX 5.25 ($0.07).

Phoenix Copper Stock Up 14.3 %

The company has a debt-to-equity ratio of 14.05, a current ratio of 4.84 and a quick ratio of 13.42. The stock has a market cap of £11.07 million, a price-to-earnings ratio of -600.00 and a beta of 1.75. The business has a fifty day moving average of GBX 7.30 and a 200 day moving average of GBX 14.46.

About Phoenix Copper

(Get Free Report)

Phoenix Copper Limited, together with its subsidiaries, 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. Its flagship project is the 80% owned Empire Mine property located in Mackay, Idaho, USA.

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