Great Southern Copper (LON:GSCU) Trading Down 15.6% – Time to Sell?

Great Southern Copper PLC (LON:GSCUGet Free Report)’s stock price fell 15.6% on Tuesday . The stock traded as low as GBX 1.75 and last traded at GBX 1.90. 20,630,672 shares changed hands during trading, an increase of 772% from the average daily volume of 2,365,172 shares. The stock had previously closed at GBX 2.25.

Great Southern Copper Price Performance

The firm has a market capitalization of £14.69 million, a price-to-earnings ratio of -4.65 and a beta of -0.41. The business has a 50 day moving average of GBX 2.43 and a 200 day moving average of GBX 2.63.

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

Insiders Place Their Bets

In related news, insider Samuel James Melville Garrett acquired 175,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of GBX 212 per share, for a total transaction of £371,000. Insiders own 3.66% of the company’s stock.

About Great Southern Copper

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Great Southern Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Southern Copper and related companies with MarketBeat.com's FREE daily email newsletter.