Great Southern Copper (LON:GSCU) Stock Price Down 9.5% – Here’s What Happened

Great Southern Copper PLC (LON:GSCUGet Free Report) shares traded down 9.5% during trading on Tuesday . The stock traded as low as GBX 2.68 and last traded at GBX 2.68. 408,060 shares were traded during mid-day trading, a decline of 86% from the average session volume of 2,865,833 shares. The stock had previously closed at GBX 2.96.

Great Southern Copper Trading Up 4.4%

The company has a 50-day moving average of GBX 2.74 and a 200-day moving average of GBX 2.94. The firm has a market capitalization of £22.36 million, a price-to-earnings ratio of -3.36 and a beta of -0.41.

Insiders Place Their Bets

In other Great Southern Copper news, insider Charles Richard William Bond bought 736,856 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were bought at an average cost of GBX 2 per share, with a total value of £14,737.12. 3.38% of the stock is currently owned by insiders.

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.

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