Great Southern Copper (LON:GSCU) Trading Up 17.4% – Here’s Why

Shares of Great Southern Copper PLC (LON:GSCUGet Free Report) rose 17.4% during mid-day trading on Monday . The company traded as high as GBX 4.10 ($0.05) and last traded at GBX 3.79 ($0.05). Approximately 6,098,945 shares changed hands during mid-day trading, an increase of 72% from the average daily volume of 3,538,365 shares. The stock had previously closed at GBX 3.23 ($0.04).

Great Southern Copper Trading Up 17.4 %

The company has a market cap of £18.46 million, a PE ratio of -0.01 and a beta of -0.41. The business’s 50-day simple moving average is GBX 1.97 and its 200-day simple moving average is GBX 1.57.

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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