Gunnison Copper (TSE:GCU) Shares Down 1.2% – Here’s Why

Gunnison Copper Corp (TSE:GCU – Get Free Report)’s stock price dropped 1.2% on Friday. The stock traded as low as C$0.40 and last traded at C$0.41. Approximately 866,780 shares traded hands during trading, a decline of 9% from the average daily volume of 954,368 shares. The stock had previously closed at C$0.41.

Gunnison Copper Trading Down 1.2%

The company’s 50 day moving average is C$0.45. The stock has a market capitalization of C$207.26 million, a P/E ratio of -8.20 and a beta of 0.96.

Gunnison Copper Company Profile

(Get Free Report)

Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt. Its flagship asset, the Gunnison Copper Project, has a main pit Measured and Indicated Mineral Resource containing over 846 million tons with a total copper grade of 0.33% containing 5.19 billion pounds of copper (Measured Mineral Resource of 192 million tons at 0.37% containing 1.42 billion pounds of copper and Indicated Mineral Resource of 655 million tons at 0.31% containing 3.77 billion pounds of copper).

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