Phoenix Copper (LON:PXC) Stock Price Down 9.4% – Should You Sell?

Phoenix Copper Limited (LON:PXCGet Free Report)’s stock price dropped 9.4% during trading on Thursday . The stock traded as low as GBX 5.66 ($0.07) and last traded at GBX 5.66 ($0.07). Approximately 26,033 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 1,047,988 shares. The stock had previously closed at GBX 6.25 ($0.08).

Phoenix Copper Price Performance

The business’s 50-day simple moving average is GBX 7.46 and its two-hundred day simple moving average is GBX 14.68. The stock has a market cap of £11.24 million, a price-to-earnings ratio of -609.00 and a beta of 1.75. The company has a debt-to-equity ratio of 14.05, a current ratio of 4.84 and a quick ratio of 13.42.

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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