Great Southern Copper PLC (LON:GSCU – Get Free Report)’s share price was down 1.5% during mid-day trading on Wednesday . The company traded as low as GBX 2.84 and last traded at GBX 2.86. Approximately 425,263 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 2,992,067 shares. The stock had previously closed at GBX 2.90.
Great Southern Copper Stock Performance
The stock’s 50 day moving average price is GBX 2.85 and its 200-day moving average price is GBX 2.99. The company has a market cap of £17.90 million, a PE ratio of -3.26 and a beta of -0.41.
Insider Activity
In related news, insider Nicholas Michael Briers acquired 428,481 shares of Great Southern Copper stock in a transaction dated Monday, September 8th. The shares were purchased at an average cost of GBX 2 per share, with a total value of £8,569.62. Company insiders own 3.38% of the company’s stock.
Great Southern Copper Company Profile
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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