Great Southern Copper (LON:GSCU) Shares Climb 0.9% – Still a Buy?

Great Southern Copper PLC (LON:GSCU) was up 0.9% during trading on Monday. The stock traded as high as GBX 1.90 and last traded at GBX 1.82. Approximately 5,118,547 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 2,550,353 shares. The stock had previously closed at GBX 1.80.

Great Southern Copper Price Performance

The firm has a market cap of £13.95 million, a PE ratio of -4.41 and a beta of -0.41. The business’s 50 day moving average price is GBX 2.08 and its 200 day moving average price is GBX 2.48.

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

Insider Activity at Great Southern Copper

In other Great Southern Copper news, insider Charles Richard William Bond acquired 666,667 shares of the stock in a transaction dated Thursday, October 15th. The stock was acquired at an average price of GBX 2 per share, with a total value of £13,333.34. Also, insider Nicholas Michael Briers sold 666,666 shares of the stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of GBX 2, for a total value of £13,333.32. In the last 90 days, insiders have bought 5,141,667 shares of company stock worth $109,433,334. 3.66% 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.