Phoenix Copper (LON:PXC) Shares Up 14.3% – Should You Buy?

Phoenix Copper Limited (LON:PXCGet Free Report)’s stock price was up 14.3% on Tuesday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). Approximately 232,456 shares changed hands during 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 Trading Up 4.8 %

The company has a debt-to-equity ratio of 14.05, a quick ratio of 13.42 and a current ratio of 4.84. The company has a market capitalization of £10.15 million, a price-to-earnings ratio of -550.00 and a beta of 1.75. The firm has a fifty day moving average price of GBX 6.99 and a 200-day moving average price of GBX 14.11.

Phoenix Copper Company Profile

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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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