Phoenix Copper (GB:PXC)
LSE:PXC
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Phoenix Copper
(LSE:PXC)
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Rating:45Neutral
Price Target:
2.00 p
▼(-21.57% Downside)
Action:ReiteratedDate:01/24/26
The score is primarily held down by very weak financial performance (no revenue, widening losses, and rising cash burn), which elevates funding and dilution risk. Technical indicators are mixed but lean soft with the price below key moving averages. Valuation provides limited support given negative earnings and no dividend.
Positive Factors
Moderate leverage / capitalization
A sizable equity base relative to modest debt materially reduces refinancing pressure and gives the company time to progress permitting and development. Over 2-6 months this lowers immediate solvency risk and improves ability to pursue project milestones without urgent debt refinancing.
Negative Factors
Pre-revenue status
No operating revenue means the business depends entirely on external financing to fund operations and project development. Over the medium term this elevates execution and funding risk, as sustained pre-revenue status prolongs reliance on markets and dilutive capital raises to cover cash burn.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage / capitalization
A sizable equity base relative to modest debt materially reduces refinancing pressure and gives the company time to progress permitting and development. Over 2-6 months this lowers immediate solvency risk and improves ability to pursue project milestones without urgent debt refinancing.
Read all positive factors
Phoenix Copper (PXC) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£3.17M
Dividend YieldN/A
Average Volume (3M)2.96M
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees17
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding287,995,120
10 Day Avg. Volume4,133,802
30 Day Avg. Volume2,962,022
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.27
Price to Sales (P/S)0.00
P/FCF Ratio-1.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)£55.30M
Phoenix Copper Business Overview & Revenue Model
Company Description
Phoenix Copper Limited engages in the exploration and mining activities for precious and base metals primarily in North America. The company explores for copper, zinc, gold, lead, tungsten, cobalt, and silver deposits. It owns 80% interest in the ...
How the Company Makes Money
null...
Phoenix Copper Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -12.39K | -12.39K | -28.84K | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | -6.19M | -1.57M | -1.57M | -955.90K | -922.65K |
| Net Income | -6.94M | -6.23M | -1.54M | -1.51M | -952.49K | -1.01M |
Balance Sheet | ||||||
| Total Assets | 48.22M | 48.25M | 40.51M | 39.67M | 39.92M | 16.33M |
| Cash, Cash Equivalents and Short-Term Investments | 576.65K | 893.73K | 287.91K | 4.68M | 13.10M | 1.15M |
| Total Debt | 5.40M | 5.86M | 2.05M | 0.00 | 0.00 | 1.55M |
| Total Liabilities | 6.58M | 7.33M | 3.32M | 1.83M | 2.14M | 2.50M |
| Stockholders Equity | 41.68M | 40.95M | 37.16M | 37.77M | 37.69M | 13.72M |
Cash Flow | ||||||
| Free Cash Flow | -3.24M | -7.95M | -6.58M | -8.69M | -10.68M | -3.44M |
| Operating Cash Flow | -640.40K | -3.53M | -1.54M | -1.84M | -387.95K | -685.28K |
| Investing Cash Flow | -2.10M | -4.42M | -5.04M | -6.85M | -10.29M | -2.75M |
| Financing Cash Flow | 582.93K | 8.54M | 2.20M | 308.01K | 22.58M | 4.37M |
Phoenix Copper Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £120.45B | 6.00 | 16.59% | 4.75% | -3.50% | -7.04% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | £65.92B | 176.08 | 0.96% | 1.89% | -1.06% | -285.88% | |
51 Neutral | £48.36M | -6.86 | -481.24% | ― | ― | ― | |
50 Neutral | £7.24M | -3.31 | -32.02% | ― | ― | ― | |
45 Neutral | £3.17M | -4.86 | -13.01% | ― | ― | ― | |
45 Neutral | £31.65M | -1.74 | -73.36% | ― | ― | ― |
* Basic Materials Sector Average
GB:PXC
Phoenix Copper
1.10
-2.65
-70.67%
GB:ARS
Asiamet Resources
1.43
0.53
58.33%
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0.50
-0.95
-65.52%
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7,102.00
3,071.91
76.22%
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563.60
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144.71%
GB:KAV
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0.73
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7.41%
Phoenix Copper Corporate Events
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Phoenix Copper sacks top executives after probe into undisclosed payments and tightens governance amid funding squeeze
Negative
Mar 9, 2026
Phoenix Copper has dismissed its executive chairman Marcus Edwards-Jones and chief financial officer Richard Wilkins after an internal investigation into their conduct uncovered undisclosed related party and unauthorised payments. The probe found ...
Business Operations and StrategyRegulatory Filings and Compliance
Phoenix Copper CEO Seeks to Calm Investors as Internal Probe Progresses
Negative
Feb 10, 2026
Phoenix Copper’s chief executive Ryan McDermott moved to reassure investors after the company’s 9 February announcement triggered uncertainty, saying the board and management, alongside advisers, are actively advancing internal investi...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Phoenix Copper Suspends Top Executives and Warns on Funding Outlook
Negative
Feb 9, 2026
Phoenix Copper has suspended Executive Chairman Marcus Edwards-Jones and Chief Financial Officer and Company Secretary Richard Wilkins with immediate effect, as the board investigates allegations concerning their recent conduct and historic paymen...
Business Operations and StrategyPrivate Placements and Financing
Phoenix Copper in Talks Over Potential Extra Costs on Riverfort Loan Repayment
Negative
Jan 27, 2026
Phoenix Copper has updated the market on the refinancing of its short-term loan facility with Riverfort Global Opportunities, after using most of a US$2.1 million convertible loan note from Indigo Capital to repay the outstanding balance. Riverfor...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Phoenix Copper Gains from Loan Note Conversion and Stronger Metal Prices
Positive
Jan 23, 2026
Phoenix Copper has announced that Indigo Capital has partially converted its $2.1m convertible loan note, swapping $536,000 into nearly 27 million new shares, with most of these shares already earmarked for sale to a range of equity funds and fami...
Other
Phoenix Copper Advisory Board Member Increases Stake with Share Purchase
Positive
Dec 22, 2025
Phoenix Copper has disclosed that Advisory Board member Andre Cohen purchased 300,000 ordinary shares in the company at 1.95p per share on 18 December 2025, increasing his beneficial holding to 942,452 shares, or 0.36% of the company’s issue...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.