Great Southern Copper (LON:GSCU) Stock Price Up 11.5% – What’s Next?
by Scott Moore · The Cerbat GemGreat Southern Copper PLC (LON:GSCU – Get Free Report) was up 11.5% on Monday . The stock traded as high as GBX 3 and last traded at GBX 2.90. 756,185 shares traded hands during trading, a decline of 73% from the average daily volume of 2,750,313 shares. The stock had previously closed at GBX 2.60.
Great Southern Copper Trading Up 11.1%
The stock has a market capitalization of £23.09 million, a PE ratio of -3.39 and a beta of -0.41. The stock has a 50 day moving average price of GBX 2.81 and a 200-day moving average price of GBX 2.92.
Insiders Place Their Bets
In other Great Southern Copper news, insider Nicholas Michael Briers sold 833,333 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of GBX 3, for a total value of £24,999.99. Corporate insiders own 3.36% of the company’s stock.
About Great Southern Copper
Great Southern Copper is a mineral exploration company focused on copper-gold deposits in Chile. The Company has the option to acquire rights to 100% of two projects that are prospective for large porphyry copper-gold deposits in the underexplored coastal belt of Chile, a globally significant mining jurisdiction and the world’s largest copper producer.