Phoenix Copper (LON:PXC) Shares Up 19.6% – What’s Next?

Phoenix Copper Limited (LON:PXCGet Free Report)’s stock price was up 19.6% during mid-day trading 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 Up 37.3 %

The firm has a market cap of £12.92 million, a price-to-earnings ratio of -700.00 and a beta of 1.75. The firm has a 50 day moving average price of GBX 10.23 and a 200-day moving average price of GBX 16.43. The company has a current ratio of 4.84, a quick ratio of 13.42 and a debt-to-equity ratio of 14.05.

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.

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