Phoenix Copper (LON:PXC) Insider Marcus Edwards-Jones Purchases 1,000,000 Shares

Phoenix Copper Limited (LON:PXCGet Free Report) insider Marcus Edwards-Jones purchased 1,000,000 shares of Phoenix Copper stock in a transaction on Thursday, December 11th. The stock was bought at an average price of GBX 2 per share, for a total transaction of £20,000.

Phoenix Copper Stock Up 8.9%

PXC opened at GBX 1.95 on Friday. The company has a market capitalization of £4.71 million, a PE ratio of -0.59 and a beta of 1.75. The firm has a 50-day simple moving average of GBX 2.63 and a two-hundred day simple moving average of GBX 3.30. The company has a quick ratio of 13.42, a current ratio of 0.65 and a debt-to-equity ratio of 5.51. Phoenix Copper Limited has a 52 week low of GBX 1.75 and a 52 week high of GBX 7.

Phoenix Copper Company Profile

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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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