Phoenix Copper (LON:PXC) Trading Down 10.6% – What’s Next?

Phoenix Copper Limited (LON:PXC)’s stock price fell 10.6% on Tuesday . The company traded as low as GBX 7.60 ($0.10) and last traded at GBX 7.60 ($0.10). 743,760 shares were traded during trading, a decline of 24% from the average session volume of 981,107 shares. The stock had previously closed at GBX 8.50 ($0.11).

Phoenix Copper Price Performance

The firm’s 50 day moving average price is GBX 12.01 and its two-hundred day moving average price is GBX 17.10. 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 £14.03 million, a PE ratio of -760.00 and a beta of 1.75.

Phoenix Copper Company Profile

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.