Ryan McDermott Acquires 550,000 Shares of Phoenix Copper (LON:PXC) Stock

Phoenix Copper Limited (LON:PXC) insider Ryan McDermott acquired 550,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was acquired at an average price of GBX 2 per share, for a total transaction of £11,000.

Phoenix Copper Price Performance

Shares of LON:PXC opened at GBX 1.95 on Friday. The company has a market cap of £4.71 million, a price-to-earnings ratio of -0.59 and a beta of 1.75. The business has a 50 day moving average price of GBX 2.63 and a 200 day moving average price of GBX 3.29. 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 twelve month low of GBX 1.75 and a twelve month high of GBX 7.

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.