Phoenix Copper (PXC) Share Price, News & Analysis

Company Overview

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. The focus of Phoenix is on bringing an open pit containing copper oxides at empire into production, and using the cashflow generated to progress exploration of the potentially significant copper sulphide deposit beneath. Phoenix has published a reserves statement for the Empire open pit and has entered into a subscription agreement with NIU Invest, a European private equity business, whereby NIU will provide $80m of debt funding, sufficient to bring Empire into production. It is also continues to evaluate the poly metallic resource within the 39 square kilometre Empire claims block as well as cobalt and copper in two claims blocks north of Empire in Idaho, which are the subject of earn-in agreements.

Key Stats

• Today's Range: 3.10 to 3.40
• 50-Day Range: 2.65 to 3.96
• 52-Week Range: 2.50 to 11
• Volume: 3.84 million shs
• Average Volume: 1.44 million shs
• Market Capitalization: £7.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PXC Stock Analysis - Frequently Asked Questions

How have PXC shares performed this year?

Phoenix Copper's stock was trading at GBX 5.20 at the beginning of the year. Since then, PXC shares have decreased by 38.5% and is now trading at GBX 3.20.

How do I buy shares of Phoenix Copper?

Shares of PXC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Phoenix Copper own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Phoenix Copper investors own include B&M European Value Retail (BME), Barclays (BARC), Coats Group (COA), 4D pharma (DDDD), Direct Line Insurance Group (DLG), Ferrexpo (FXPO) and genedrive (GDR).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:PXC
• CIK: N/A
• Web: phoenixcopperlimited.com
• Phone: N/A
• Fax: N/A
• Employees: 18
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.75
• P/E Growth: N/A
• Net Income: -£2.86 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -5.39%
• Return on Assets: -2.63%

Debt

• Debt-to-Equity Ratio: 5.51
• Current Ratio: 0.65
• Quick Ratio: 13.42

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: GBX 1.02 per share
• Price / Cash Flow: 3.07
• Book Value: GBX 24.68 per share
• Price / Book: 0.13

Miscellaneous

• Outstanding Shares: 241,464,000
• Free Float: N/A
• Market Cap: £7.57 million
• Optionable: Not Optionable
• Beta: 1.75