Great Southern Copper (LON:GSCU) Trading Down 5.4% – Time to Sell?

Great Southern Copper PLC (LON:GSCU) shares fell 5.4% during trading on Monday . The stock traded as low as GBX 3.31 and last traded at GBX 3.31. 7,671,990 shares were traded during mid-day trading, an increase of 156% from the average session volume of 2,997,661 shares. The stock had previously closed at GBX 3.50.

Great Southern Copper Trading Up 0.6%

The company’s fifty day moving average is GBX 2.72 and its 200 day moving average is GBX 2.96. The company has a market capitalization of £23.06 million, a P/E ratio of -3.63 and a beta of -0.41.

Insider Transactions at Great Southern Copper

In other news, insider Charles Richard William Bond bought 736,856 shares of the stock in a transaction on Wednesday, March 25th. The shares were acquired at an average cost of GBX 2 per share, for a total transaction of £14,737.12. 3.38% of the stock is 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.