Great Southern Copper (LON:GSCU) Reaches New 12-Month Low – Here’s Why

Great Southern Copper PLC (LON:GSCU) shares reached a new 52-week low during trading on Wednesday. The company traded as low as GBX 1.60 and last traded at GBX 1.60, with a volume of 995391 shares traded. The stock had previously closed at GBX 1.73.

Great Southern Copper Stock Performance

The firm’s 50 day simple moving average is GBX 2.18 and its 200-day simple moving average is GBX 2.54. The company has a market capitalization of £12.76 million, a price-to-earnings ratio of -4.03 and a beta of -0.41.

Great Southern Copper (LON:GSCU) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX (0.41) earnings per share (EPS) for the quarter.

Insider Activity at Great Southern Copper

In other Great Southern Copper news, insider Samuel James Melville Garrett acquired 175,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of GBX 212 per share, for a total transaction of £371,000. 3.66% of the stock is currently owned by corporate 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.