Great Southern Copper PLC (LON:GSCU – Get Free Report) traded down 9.5% during mid-day trading on Tuesday . The stock traded as low as GBX 2.68 and last traded at GBX 2.68. 408,060 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 2,865,833 shares. The stock had previously closed at GBX 2.96.
Great Southern Copper Stock Down 11.5%
The company’s 50-day moving average price is GBX 2.73 and its 200-day moving average price is GBX 2.94. The firm has a market cap of £19.70 million, a price-to-earnings ratio of -2.96 and a beta of -0.41.
Insider Activity
In related news, insider Charles Richard William Bond bought 736,856 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £14,737.12. 3.38% of the stock is currently owned by company insiders.
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.
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