Phoenix Copper Limited (LON:PXC – Get Free Report)’s share price dropped 10% on Monday . The stock traded as low as GBX 4.50 ($0.05) and last traded at GBX 4.50 ($0.05). Approximately 169,601 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 423,491 shares. The stock had previously closed at GBX 5 ($0.06).
Phoenix Copper Stock Down 4.4 %
The stock’s fifty day simple moving average is GBX 5.89 and its 200-day simple moving average is GBX 12.34. The stock has a market cap of £8.82 million, a P/E ratio of -477.80 and a beta of 1.75. The company has a debt-to-equity ratio of 14.05, a quick ratio of 13.42 and a current ratio of 4.84.
About Phoenix Copper
Phoenix Copper Limited is a North American focused, base and precious metal explorer and developer, with operations near Mackay, Idaho in the Alder Creek mining district. This district includes the historical Empire, Horseshoe, White Knob and Blue Bird Mines, which produced copper at head grades of 6-8% prior to ceasing production in the 1940s.
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