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

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

Great Southern Copper Price Performance

The firm has a 50 day moving average of GBX 2.28 and a 200-day moving average of GBX 2.59. The stock has a market capitalization of £14.23 million, a P/E ratio of -4.50 and a beta of -0.41.

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

Insider Activity at Great Southern Copper

In related news, insider Samuel James Melville Garrett purchased 175,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of GBX 212 per share, with a total value 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.