Phoenix Copper Limited (LON:PXC – Get Free Report)’s share price shot up 18.2% during trading on Thursday . The stock traded as high as GBX 0.65 and last traded at GBX 0.65. Approximately 2,823,291 shares traded hands during trading, a decline of 49% from the average daily volume of 5,542,852 shares. The stock had previously closed at GBX 0.55.
Phoenix Copper Price Performance
The stock has a market capitalization of £1.94 million, a P/E ratio of -0.34 and a beta of 0.35. The company has a debt-to-equity ratio of 17.29, a quick ratio of 13.42 and a current ratio of 0.19. The business has a fifty day simple moving average of GBX 0.65 and a 200-day simple moving average of GBX 0.97.
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.
Recommended Stories
- Five stocks we like better than Phoenix Copper
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
- Permian Resources Rally Faces a Test
- Google Cloud Just Gave Rezolve AI a Major Vote of Confidence
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.
