Great Southern Copper (LON:GSCU) Stock Price Up 11.5% – What’s Next?

Great Southern Copper PLC (LON:GSCU)’s stock price rose 11.5% on Monday . The company traded as high as GBX 3 and last traded at GBX 2.90. Approximately 756,185 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 2,750,313 shares. The stock had previously closed at GBX 2.60.

Great Southern Copper Price Performance

The firm’s fifty day moving average price is GBX 2.83 and its 200-day moving average price is GBX 2.92. The firm has a market capitalization of £22.32 million, a P/E ratio of -3.27 and a beta of -0.41.

Insider Activity at Great Southern Copper

In other news, insider Charles Richard William Bond purchased 736,856 shares of the stock in a transaction dated Wednesday, March 25th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £14,737.12. Also, insider Nicholas Michael Briers sold 833,333 shares of Great Southern Copper stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of GBX 3, for a total value of £24,999.99. 3.36% of the stock is owned by 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.