Phoenix Copper (LON:PXC) Stock Price Down 10.6% – Time to Sell?

Phoenix Copper Limited (LON:PXCGet Free Report) was down 10.6% during mid-day trading on Tuesday . The stock traded as low as GBX 7.60 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 743,760 shares were traded during trading, a decline of 24% from the average daily volume of 981,107 shares. The stock had previously closed at GBX 8.50 ($0.11).

Phoenix Copper Trading Down 21.9 %

The stock’s fifty day simple moving average is GBX 11.65 and its 200 day simple moving average is GBX 17. The firm has a market capitalization of £9.87 million, a PE ratio of -525.00 and a beta of 1.75. The company has a quick ratio of 13.42, a current ratio of 4.84 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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