Great Southern Copper (LON:GSCU) Trading Up 9% – Time to Buy?

Great Southern Copper PLC (LON:GSCUGet Free Report) rose 9% during mid-day trading on Friday . The stock traded as high as GBX 3.90 and last traded at GBX 3.76. Approximately 6,845,805 shares were traded during trading, an increase of 86% from the average daily volume of 3,680,248 shares. The stock had previously closed at GBX 3.45.

Great Southern Copper Price Performance

The firm’s 50-day simple moving average is GBX 2.97 and its 200 day simple moving average is GBX 2.84. The firm has a market capitalization of £27.42 million, a price-to-earnings ratio of -4.49 and a beta of -0.41.

Great Southern Copper (LON:GSCUGet Free Report) last issued its quarterly earnings results on Tuesday, December 9th. The company reported GBX (0.21) earnings per share (EPS) for the quarter.

About Great Southern Copper

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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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