Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Phoenix Copper Limited is a mineral resource company primarily engaged in the exploration and extraction of both precious and base metals across North America. Its prospecting efforts target deposits of copper, zinc, gold, lead, tungsten, cobalt, and silver. The company maintains an 80% ownership stake in the Empire Mine property. Furthermore, it wholly owns several properties located in Idaho, including the Redcastle property, which comprises 30 unpatented claims spanning approximately 600 acres, and the Bighorn property, encompassing 29 unpatented claims over 580 acres. Other fully owned Idaho assets include the Red Star project in Mackay and the Navarre Creek property, covering 2,420 acres in Custer County. Incorporated in 2013, Phoenix Copper Limited was previously known as Phoenix Global Mining Limited until its name change in July 2019. Its operational base is situated in Road Town, British Virgin Islands.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.