Great Southern Copper (LON:GSCU) Trading Up 10.8% – Here’s Why

Great Southern Copper PLC (LON:GSCU)’s stock price was up 10.8% during trading on Wednesday . The stock traded as high as GBX 4.10 ($0.05) and last traded at GBX 4.10 ($0.05). Approximately 665,834 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 4,127,767 shares. The stock had previously closed at GBX 3.70 ($0.05).

Great Southern Copper Trading Up 10.8 %

The firm’s 50-day moving average price is GBX 3.11 and its two-hundred day moving average price is GBX 2.04. The stock has a market cap of £19.97 million, a PE ratio of -0.01 and a beta of -0.41.

Insider Buying and Selling at Great Southern Copper

In other news, insider Charles Richard William Bond purchased 379,822 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was acquired at an average cost of GBX 5 ($0.07) per share, with a total value of £18,991.10 ($25,133.80). Insiders own 74.30% of the company’s stock.

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.