Great Southern Copper (LON:GSCU) Hits New 52-Week Low – What’s Next?

Great Southern Copper PLC (LON:GSCU)’s share price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 1.60 and last traded at GBX 1.60, with a volume of 995391 shares trading hands. The stock had previously closed at GBX 1.73.

Great Southern Copper Price Performance

The business’s 50-day moving average is GBX 2.20 and its 200 day moving average is GBX 2.55. The firm has a market capitalization of £12.37 million, a P/E ratio of -3.91 and a beta of -0.41.

Great Southern Copper (LON:GSCU) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX (0.41) earnings per share (EPS) for the quarter.

Insider Buying and Selling at Great Southern Copper

In related news, insider Samuel James Melville Garrett bought 175,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average cost of GBX 212 per share, for a total transaction of £371,000. Insiders own 3.66% of the company’s stock.

About Great Southern Copper

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.