Phoenix Copper Limited (LON:PXC – Get Free Report)’s stock price traded down 10.4% during trading on Monday . The company traded as low as GBX 1 and last traded at GBX 1.07. Approximately 170,492 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 2,250,172 shares. The stock had previously closed at GBX 1.20.
Phoenix Copper Stock Down 10.4%
The company has a debt-to-equity ratio of 17.29, a current ratio of 0.19 and a quick ratio of 13.42. The firm’s 50 day moving average price is GBX 1.15 and its two-hundred day moving average price is GBX 1.59. The firm has a market cap of £3.21 million, a price-to-earnings ratio of -0.32 and a beta of 0.34.
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.
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