Great Southern Copper (LON:GSCU) Stock Price Up 16.7% – Here’s Why

Great Southern Copper PLC (LON:GSCUGet Free Report) shares rose 16.7% during mid-day trading on Wednesday . The company traded as high as GBX 2.80 and last traded at GBX 2.80. Approximately 1,343,817 shares traded hands during trading, a decline of 57% from the average daily volume of 3,111,305 shares. The stock had previously closed at GBX 2.40.

Great Southern Copper Trading Up 2.0%

The firm has a 50-day simple moving average of GBX 3.06 and a two-hundred day simple moving average of GBX 2.92. The company has a market capitalization of £18.26 million, a price-to-earnings ratio of -2.88 and a beta of -0.41.

About Great Southern Copper

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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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