Phoenix Copper (LON:PXC) Stock Price Up 19.6% – Here’s What Happened

Phoenix Copper Limited (LON:PXCGet Free Report)’s share price rose 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 mid-day 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 firm’s fifty day moving average is GBX 10.42 and its 200-day moving average is GBX 16.50. The company has a current ratio of 4.84, a quick ratio of 13.42 and a debt-to-equity ratio of 14.05. The stock has a market capitalization of £11.72 million, a PE ratio of -510.00 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.

Further Reading

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