Great Southern Copper PLC (LON:GSCU – Get Free Report) shares traded down 5.9% during mid-day trading on Friday . The stock traded as low as GBX 2.60 and last traded at GBX 2.73. Approximately 954,180 shares changed hands during trading, a decline of 64% from the average session volume of 2,614,426 shares. The stock had previously closed at GBX 2.90.
Great Southern Copper Stock Performance
The stock has a market cap of £21.11 million, a price-to-earnings ratio of -3.08 and a beta of -0.41. The company has a 50-day simple moving average of GBX 2.75 and a two-hundred day simple moving average of GBX 2.93.
Insider Transactions at Great Southern Copper
In other news, insider Nicholas Michael Briers sold 833,333 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 3, for a total transaction of £24,999.99. Company insiders own 3.45% of the company’s stock.
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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