Shares of Gunnison Copper Corp (TSE:GCU – Get Free Report) shot up 7.7% on Tuesday . The stock traded as high as C$0.49 and last traded at C$0.49. 1,293,143 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 987,504 shares. The stock had previously closed at C$0.46.
Gunnison Copper Stock Performance
The firm has a market cap of C$247.70 million, a PE ratio of -9.80 and a beta of 1.37.
Gunnison Copper Company Profile
Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt. Its flagship asset, the Gunnison Copper Project, has a main pit Measured and Indicated Mineral Resource containing over 846 million tons with a total copper grade of 0.33% containing 5.19 billion pounds of copper (Measured Mineral Resource of 192 million tons at 0.37% containing 1.42 billion pounds of copper and Indicated Mineral Resource of 655 million tons at 0.31% containing 3.77 billion pounds of copper).
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