Phoenix Copper Ltd- British Virgin Islands-based base and precious metals production and exploration company - For the first half of 2021, pretax loss narrows to USD199,481 from USD569,759 the same period a year before, driven by a fall in administrative costs, and other income of USD106,340 gained from First Cobalt Corp as a signature fee for the earn-in agreement related to the Redcastle Idaho Cobalt Belt project.
During the period, increases investment in Empire Mine to USD18.6 million from USD12.8 million, as holdings rise by 2,317 acres to 8,034 acres.
Current stock price: 73.01 pence, down 3.9%
Year-to-date change: up 86%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Phoenix Copper. (PXC)