Great Southern Copper (LON:GSCU) Stock Price Up 9.9% – Time to Buy?

by · The Markets Daily

Great Southern Copper PLC (LON:GSCU – Get Free Report) shares shot up 9.9% during mid-day trading on Monday . The company traded as high as GBX 3.20 and last traded at GBX 3. 2,011,886 shares traded hands during trading, a decline of 23% from the average daily volume of 2,616,280 shares. The stock had previously closed at GBX 2.73.

Great Southern Copper Price Performance

The stock has a market cap of £23.09 million, a P/E ratio of -3.39 and a beta of -0.41. The company’s 50 day simple moving average is GBX 2.75 and its 200 day simple moving average is GBX 2.93.

Insider Transactions at Great Southern Copper

In other Great Southern Copper news, insider Nicholas Michael Briers sold 833,333 shares of the 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. Insiders own 3.36% of the company’s stock.

Great Southern Copper Company Profile

(Get Free Report)

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.

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