Great Southern Copper (LON:GSCU) Shares Down 2.7% – Here’s Why

Great Southern Copper PLC (LON:GSCUGet Free Report) was down 2.7% during mid-day trading on Monday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02). 279,504 shares were traded during trading, a decline of 46% from the average daily volume of 513,218 shares. The stock had previously closed at GBX 1.55 ($0.02).

Great Southern Copper Stock Down 2.7 %

The company’s fifty day simple moving average is GBX 1.55 and its two-hundred day simple moving average is GBX 1.32. The company has a market capitalization of £6.74 million, a price-to-earnings ratio of -150.40 and a beta of -0.41.

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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