Great Southern Copper (LON:GSCU) Hits New 52-Week Low – Time to Sell?

Great Southern Copper PLC (LON:GSCU)’s stock price hit a new 52-week low during trading on Monday. The company traded as low as GBX 1.70 and last traded at GBX 1.84, with a volume of 2174016 shares traded. The stock had previously closed at GBX 1.94.

Great Southern Copper Stock Performance

The stock has a market cap of £14.23 million, a price-to-earnings ratio of -4.50 and a beta of -0.41. The business has a 50-day simple moving average of GBX 2.28 and a two-hundred day simple moving average of GBX 2.59.

Great Southern Copper (LON:GSCU) last announced its earnings results on Wednesday, July 29th. The company reported GBX (0.41) EPS for the quarter.

Insider Buying and Selling

In other news, insider Samuel James Melville Garrett acquired 175,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of GBX 212 per share, with a total value of £371,000. 3.66% of the stock is currently owned by corporate insiders.

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.