Phoenix Copper (LON:PXC) Stock Price Down 8.6% – Here’s Why

Shares of Phoenix Copper Limited (LON:PXCGet Free Report) fell 8.6% on Tuesday . The stock traded as low as GBX 5.03 ($0.06) and last traded at GBX 5.03 ($0.06). 168,927 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 265,797 shares. The stock had previously closed at GBX 5.50 ($0.07).

Phoenix Copper Trading Down 4.9 %

The company has a quick ratio of 13.42, a current ratio of 4.84 and a debt-to-equity ratio of 14.05. The stock’s 50 day moving average is GBX 6.18 and its two-hundred day moving average is GBX 12.80. The company has a market capitalization of £9.39 million, a PE ratio of -508.80 and a beta of 1.75.

Phoenix Copper Company Profile

(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.

Recommended Stories

Receive News & Ratings for Phoenix Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix Copper and related companies with MarketBeat.com's FREE daily email newsletter.