Great Southern Copper (LON:GSCU) Shares Up 10.2% – Should You Buy?

Great Southern Copper PLC (LON:GSCU) shares were up 10.2% during mid-day trading on Monday . The stock traded as high as GBX 5.14 ($0.07) and last traded at GBX 4.92 ($0.06). Approximately 8,931,692 shares were traded during trading, an increase of 134% from the average daily volume of 3,822,143 shares. The stock had previously closed at GBX 4.46 ($0.06).

Great Southern Copper Trading Down 7.2 %

The company has a market capitalization of £23.50 million, a PE ratio of -0.01 and a beta of -0.41. The business has a fifty day moving average of GBX 2.52 and a 200 day moving average of GBX 1.80.

Insider Activity

In related news, insider Charles Richard William Bond purchased 379,822 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of GBX 5 ($0.06) per share, for a total transaction of £18,991.10 ($24,552.17). Insiders own 74.30% of the company’s stock.

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.