Great Southern Copper (LON:GSCU) Sets New 12-Month Low – Time to Sell?

Shares of Great Southern Copper PLC (LON:GSCU) reached a new 52-week low on Wednesday. The company traded as low as GBX 1.60 and last traded at GBX 1.60, with a volume of 995391 shares. The stock had previously closed at GBX 1.73.

Great Southern Copper Stock Performance

The firm has a fifty day simple moving average of GBX 2.20 and a 200-day simple moving average of GBX 2.55. The firm has a market cap of £12.37 million, a price-to-earnings ratio of -3.91 and a beta of -0.41.

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

Insider Transactions at Great Southern Copper

In other news, insider Samuel James Melville Garrett acquired 175,000 shares of Great Southern Copper stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of GBX 212 per share, for a total transaction of £371,000. 3.66% of the stock is owned by company 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.