Great Southern Copper (LON:GSCU) Stock Price Up 8.2% – Still a Buy?

Great Southern Copper PLC (LON:GSCUGet Free Report) shares shot up 8.2% during mid-day trading on Tuesday . The stock traded as high as GBX 3.60 ($0.05) and last traded at GBX 3.36 ($0.04). 6,204,759 shares changed hands during trading, an increase of 98% from the average session volume of 3,137,781 shares. The stock had previously closed at GBX 3.10 ($0.04).

Great Southern Copper Trading Up 0.9%

The firm has a 50 day moving average of GBX 2.65 and a 200-day moving average of GBX 3.10. The company has a market cap of £19.96 million, a P/E ratio of -3.73 and a beta of -0.41.

Great Southern Copper (LON:GSCUGet Free Report) last issued its earnings results on Friday, July 18th. The company reported GBX (0.93) earnings per share (EPS) for the quarter.

Insider Transactions at Great Southern Copper

In other Great Southern Copper news, insider Nicholas Michael Briers bought 428,481 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were bought at an average price of GBX 2 per share, with a total value of £8,569.62. Company insiders own 3.47% 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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