Phoenix Copper (LON:PXC) Insider Richard Wilkins Acquires 550,000 Shares of Stock

Phoenix Copper Limited (LON:PXC) insider Richard Wilkins bought 550,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was purchased at an average price of GBX 2 per share, with a total value of £11,000.

Phoenix Copper Stock Up 8.9%

Shares of PXC opened at GBX 1.95 on Friday. Phoenix Copper Limited has a 1 year low of GBX 1.75 and a 1 year high of GBX 7. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.65 and a quick ratio of 13.42. The stock has a 50 day simple moving average of GBX 2.63 and a two-hundred day simple moving average of GBX 3.30. The firm has a market cap of £4.71 million, a P/E ratio of -0.59 and a beta of 1.75.

About Phoenix Copper

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.