Phoenix Copper (LON:PXC) Shares Down 4.9% – What’s Next?

Phoenix Copper Limited (LON:PXC) shares traded down 4.9% on Friday . The stock traded as low as GBX 9.55 ($0.12) and last traded at GBX 9.75 ($0.13). 108,097 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,002,889 shares. The stock had previously closed at GBX 10.25 ($0.13).

Phoenix Copper Trading Down 4.9 %

The company has a debt-to-equity ratio of 14.05, a quick ratio of 13.42 and a current ratio of 4.84. The business’s 50 day moving average price is GBX 14.79 and its 200-day moving average price is GBX 17.42. The firm has a market cap of £17.99 million, a price-to-earnings ratio of -975.00 and a beta of 1.75.

Phoenix Copper Company Profile

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.