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

Great Southern Copper PLC (LON:GSCU)’s share price was up 11.5% during trading on Monday . The stock traded as high as GBX 3 and last traded at GBX 2.90. 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 Trading Up 11.5%

The company’s 50-day moving average price is GBX 2.83 and its two-hundred day moving average price is GBX 2.92. The company has a market cap of £22.32 million, a P/E ratio of -3.27 and a beta of -0.41.

Insider Buying and Selling

In other Great Southern Copper news, insider Charles Richard William Bond bought 736,856 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was acquired at an average cost of GBX 2 per share, with a total value of £14,737.12. Also, insider Nicholas Michael Briers sold 833,333 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 3, for a total transaction 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.