Great Southern Copper (LON:GSCU) Trading Up 19.6% – Still a Buy?

Great Southern Copper PLC (LON:GSCUGet Free Report)’s stock price rose 19.6% during trading on Tuesday . The stock traded as high as GBX 2.99 ($0.04) and last traded at GBX 2.99 ($0.04). Approximately 4,411,596 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 3,331,182 shares. The stock had previously closed at GBX 2.50 ($0.03).

Great Southern Copper Stock Performance

The firm has a market cap of £14.61 million, a P/E ratio of -0.01 and a beta of -0.41. The firm’s fifty day moving average price is GBX 3.55 and its 200 day moving average price is GBX 2.79.

Insider Activity

In other news, insider Charles Richard William Bond acquired 379,822 shares of the business’s stock in a transaction dated Tuesday, April 1st. The shares were purchased at an average price of GBX 5 ($0.07) per share, with a total value of £18,991.10 ($25,947.67). Company insiders own 74.30% of the company’s stock.

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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