Phoenix Copper (LON:PXC) Stock Price Up 20.9% – Should You Buy?

Shares of Phoenix Copper Limited (LON:PXCGet Free Report) traded up 20.9% on Monday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). 1,162,722 shares traded hands during trading, an increase of 50% from the average session volume of 776,530 shares. The stock had previously closed at GBX 4.55 ($0.06).

Phoenix Copper Price Performance

The stock has a fifty day moving average of GBX 4.40 and a two-hundred day moving average of GBX 8.18. The stock has a market cap of Ā£11.82 million, a price-to-earnings ratio of -4.82 and a beta of 1.75. The company has a quick ratio of 13.42, a current ratio of 0.65 and a debt-to-equity ratio of 5.51.

About Phoenix Copper

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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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