Shares of Great Southern Copper PLC (LON:GSCU – Get Free Report) dropped 5.9% during trading on Friday . The company traded as low as GBX 2.60 and last traded at GBX 2.73. 954,180 shares were traded during trading, a decline of 64% from the average daily volume of 2,614,426 shares. The stock had previously closed at GBX 2.90.
Great Southern Copper Price Performance
The company has a market capitalization of £21.11 million, a price-to-earnings ratio of -3.08 and a beta of -0.41. The firm’s 50-day simple moving average is GBX 2.75 and its two-hundred day simple moving average is GBX 2.93.
Insider Buying and Selling at Great Southern Copper
In related news, 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 value of £24,999.99. 3.45% of the stock is currently owned by corporate insiders.
About Great Southern Copper
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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