Phoenix Copper (LON:PXC) Trading 19.6% Higher – Should You Buy?

Phoenix Copper Limited (LON:PXCGet Free Report) was up 19.6% on Friday . The stock traded as high as GBX 6.20 ($0.08) and last traded at GBX 6.10 ($0.08). Approximately 1,225,157 shares changed hands during trading, an increase of 22% from the average daily volume of 1,004,073 shares. The stock had previously closed at GBX 5.10 ($0.06).

Phoenix Copper Stock Performance

The stock has a market cap of £11.72 million, a PE ratio of -510.00 and a beta of 1.75. 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 firm has a 50 day moving average of GBX 10.42 and a two-hundred day moving average of GBX 16.50.

About Phoenix Copper

(Get Free Report)

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.

Further Reading

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