Shares of Great Southern Copper PLC (LON:GSCU – Get Free Report) rose 4.6% on Friday . The stock traded as high as GBX 2.69 and last traded at GBX 2.62. Approximately 1,802,503 shares traded hands during trading, a decline of 35% from the average daily volume of 2,767,085 shares. The stock had previously closed at GBX 2.50.
Great Southern Copper Price Performance
The firm has a 50 day moving average of GBX 2.78 and a two-hundred day moving average of GBX 2.92. The stock has a market cap of £20.04 million, a PE ratio of -3.01 and a beta of -0.41.
Insiders Place Their Bets
In other news, insider Charles Richard William Bond acquired 736,856 shares of Great Southern Copper stock in a transaction on Wednesday, March 25th. The stock was bought at an average price of GBX 2 per share, for a total transaction of £14,737.12. Corporate insiders own 3.38% of the company’s stock.
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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