Phoenix Copper (LON:PXC) Shares Down 12.5% – Should You Sell?

Shares of Phoenix Copper Limited (LON:PXCGet Free Report) traded down 12.5% during trading on Monday . The company traded as low as GBX 4.20 ($0.05) and last traded at GBX 4.20 ($0.05). 258,812 shares traded hands during trading, a decline of 53% from the average session volume of 547,007 shares. The stock had previously closed at GBX 4.80 ($0.06).

Phoenix Copper Stock Up 2.5 %

The company’s 50 day moving average price is GBX 5.38 and its two-hundred day moving average price is GBX 10.81. 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 firm has a market cap of £7.81 million, a PE ratio of -423.00 and a beta of 1.75.

Phoenix Copper Company Profile

(Get Free Report)

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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