Great Southern Copper (LON:GSCU) Stock Price Down 7.7% – Time to Sell?

Great Southern Copper PLC (LON:GSCUGet Free Report)’s share price dropped 7.7% during trading on Thursday . The company traded as low as GBX 3.52 ($0.05) and last traded at GBX 3.60 ($0.05). Approximately 3,828,353 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 3,630,938 shares. The stock had previously closed at GBX 3.90 ($0.05).

Great Southern Copper Trading Down 1.3%

The business has a 50-day moving average of GBX 3.85 and a 200 day moving average of GBX 2.48. The firm has a market capitalization of £17.30 million, a P/E ratio of -0.01 and a beta of -0.41.

Insider Activity at Great Southern Copper

In other Great Southern Copper news, insider Charles Richard William Bond purchased 379,822 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was bought at an average cost of GBX 5 ($0.07) per share, with a total value of £18,991.10 ($25,467.48). 74.30% of the stock is owned by insiders.

About Great Southern Copper

(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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