Phoenix Copper (LON:PXC) Insider Ryan McDermott Buys 550,000 Shares

Phoenix Copper Limited (LON:PXC) insider Ryan McDermott bought 550,000 shares of Phoenix Copper stock in a transaction dated Thursday, December 11th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £11,000.

Phoenix Copper Stock Up 8.9%

PXC stock opened at GBX 1.95 on Friday. The company has a market cap of £4.71 million, a PE ratio of -0.59 and a beta of 1.75. The business has a 50-day simple moving average of GBX 2.63 and a 200 day simple moving average of GBX 3.30. Phoenix Copper Limited has a 52 week low of GBX 1.75 and a 52 week high of GBX 7. 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 Company Profile

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.