Phoenix Copper (LON:PXC) Stock Price Up 1%

Shares of Phoenix Copper Limited (LON:PXCGet Rating) shot up 1% on Tuesday . The stock traded as high as GBX 24.82 ($0.29) and last traded at GBX 24.25 ($0.29). 98,220 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 363,199 shares. The stock had previously closed at GBX 24 ($0.28).

Phoenix Copper Stock Performance

The company has a 50-day moving average price of GBX 26.97 and a two-hundred day moving average price of GBX 32.72. The company has a current ratio of 13.57, a quick ratio of 13.42 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of £29.74 million and a P/E ratio of -34.64.

About Phoenix Copper

(Get Rating)

Phoenix Copper Limited 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. It owns 80% interest in the Empire Mine property. The company also holds 100% interest in the Redcastle property consisting 30 unpatented claims covering an area of approximately 600 acres, and Bighorn property consisting 29 unpatented claims covering 580 acres located in Idaho; Red Star project located in Mackay, Idah; and Navarre Creek property covering 2,420 acres located in Custer County, Idaho.

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