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Phoenix Copper
(LSE:PXC)
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Rating:42Neutral
Price Target:
0.48 p
▼(-17.41% Downside)
Action:Reiterated
Date:08/11/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and cash burn) despite some improvement in 2025 and a comparatively stronger balance sheet. Technicals also weigh heavily, with price below key moving averages and negative MACD signaling a bearish trend. Valuation provides limited support due to a negative P/E and no stated dividend yield.
Positive Factors
Improving Loss Trend
The substantial reduction in EBIT losses indicates that underlying spending or operating performance improved during 2025. Although the company remains unprofitable, continued progress could extend its financial runway and reduce the amount of external capital needed to advance the Empire Mine project.
Negative Factors
No Operating Revenue
Phoenix Copper has not yet established an operating revenue base, leaving its financial model dependent on future mine development and eventual production. Until sales begin, the company cannot internally fund its activities through customer receipts or demonstrate commercial operating scale.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Loss Trend
The substantial reduction in EBIT losses indicates that underlying spending or operating performance improved during 2025. Although the company remains unprofitable, continued progress could extend its financial runway and reduce the amount of external capital needed to advance the Empire Mine project.
Read all positive factors
Phoenix Copper (PXC) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£4.15M
Dividend YieldN/A
Average Volume (3M)5.29M
Price to Earnings (P/E)―
Beta (1Y)0.95
Revenue GrowthN/A
EPS Growth33.62%
CountryUK
Employees8
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding830,635,100
10 Day Avg. Volume1,852,158
30 Day Avg. Volume5,294,302
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.24
Price to Sales (P/S)0.00
P/FCF Ratio-2.95
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, founded in 2013 and headquartered in Road Town, British Virgin Islands, specializes in the exploration and extraction of both precious and base metals, primarily across North America. The company actively seeks deposits of ...
How the Company Makes Money
Phoenix Copper’s primary intended source of revenue is the sale of copper (and any economically recoverable by-product metals, if applicable) produced from its mining project(s). In a production scenario, the company would generate revenue by extr...
Phoenix Copper Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -12.39K | -28.84K | 0.00 | 0.00 |
| EBITDA | -2.07M | -2.77M | -1.59M | -1.61M | -1.57M | -955.90K |
| Net Income | -3.67M | -4.46M | -6.23M | -1.54M | -1.51M | -952.49K |
Balance Sheet | ||||||
| Total Assets | 46.54M | 46.20M | 48.25M | 40.51M | 39.67M | 39.92M |
| Cash, Cash Equivalents and Short-Term Investments | 40.73K | 375.81K | 893.73K | 287.91K | 4.68M | 13.10M |
| Total Debt | 6.28M | 6.63M | 5.86M | 2.05M | 0.00 | 0.00 |
| Total Liabilities | 8.13M | 7.92M | 7.33M | 3.32M | 1.83M | 2.14M |
| Stockholders Equity | 38.47M | 38.34M | 40.95M | 37.16M | 37.77M | 37.69M |
Cash Flow | ||||||
| Free Cash Flow | -1.92M | -3.16M | -7.95M | -6.58M | -8.69M | -10.68M |
| Operating Cash Flow | 57.73K | -919.92K | -3.53M | -1.54M | -1.84M | -387.95K |
| Investing Cash Flow | -1.66M | -1.73M | -4.42M | -5.04M | -6.85M | -10.29M |
| Financing Cash Flow | 654.74K | 2.13M | 8.54M | 2.20M | 308.01K | 22.58M |
Phoenix Copper Technical Analysis
Negative
0.58
Price Trends
0.56
Negative
0.63
Negative
0.98
Negative
Market Momentum
-0.02
Positive
39.31
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PXC, the sentiment is Negative. The current price of 0.58 is above the 20-day moving average (MA) of 0.54, above the 50-day MA of 0.56, and below the 200-day MA of 0.98, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.31 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PXC.
Phoenix Copper Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | £107.15B | 11.18 | 18.86% | 5.61% | 10.86% | 13.41% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | £62.55B | 15.70 | 13.34% | 2.49% | 26.71% | ― | |
56 Neutral | £8.51M | -2.34 | -424.89% | 5.94% | ― | 33.33% | |
44 Neutral | £27.35M | -2.87 | -41.48% | ― | 388.51% | 58.82% | |
42 Neutral | £12.30M | -0.87 | -160.21% | ― | ― | -57.69% | |
42 Neutral | £4.15M | -0.36 | -12.61% | ― | ― | 33.62% |
* Basic Materials Sector Average
GB:PXC
Phoenix Copper
0.50
-2.35
-82.46%
GB:ARS
Asiamet Resources
0.25
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250.00%
GB:ARCM
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0.50
0.02
4.17%
GB:RIO
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6,206.00
980.02
18.75%
GB:GLEN
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533.80
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GB:KAV
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0.60
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-27.27%
Phoenix Copper Corporate Events
Delistings and Listing ChangesRegulatory Filings and Compliance
Phoenix Copper expands AIM block listing to cover warrant exercises
Neutral
Oct 9, 2026
Phoenix Copper has applied for the block admission of 137,549,000 ordinary shares to London’s AIM to cover the future exercise of outstanding warrants, with admission expected around 14 October 2026. This will lift the balance of shares avai...
Business Operations and Strategy
Phoenix Copper to spotlight Empire Mine in September investor briefing
Positive
Sep 17, 2026
Phoenix Copper will host a live investor presentation via the Investor Meet Company platform on 25 September 2026, led by interim chair Catherine Evans and chief executive Ryan McDermott. The session, focused on company activities and the Empire M...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Phoenix Copper bolsters balance sheet and advances Empire Mine study amid strong metal prices
Positive
Sep 11, 2026
Phoenix Copper reported an unaudited interim loss of $1.21 million for the six months to 30 June 2026, with group net assets at $38.21 million and investment in the Empire Mine and other mining assets rising to $45.84 million. A post-period equity...
Business Operations and Strategy
Phoenix Copper commissions updated reserves study for Empire project
Positive
Aug 24, 2026
Phoenix Copper has appointed Hardrock Consulting, metallurgist Deepak Molhatra and Valley Science and Engineering to update the pre-feasibility study and open-pit mineral resources and reserves for its Empire project in Idaho. The work, expected t...
Business Operations and StrategyPrivate Placements and Financing
Phoenix Copper Secures Idaho Claims and Repays Indigo Capital Loan
Positive
Aug 4, 2026
Phoenix Copper has paid the annual assessment fees on its unpatented mining claims in Idaho following the completion of a recent fundraise, securing those U.S. holdings for another calendar year and reinforcing the continuity of its operating foot...
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.