Great Southern Copper (LON:GSCU) Shares Up 12.5% – Still a Buy?

Great Southern Copper PLC (LON:GSCUGet Free Report) shares rose 12.5% during trading on Wednesday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.60 ($0.05). Approximately 26,115,289 shares traded hands during trading, an increase of 830% from the average daily volume of 2,806,647 shares. The stock had previously closed at GBX 3.20 ($0.04).

Great Southern Copper Price Performance

The firm has a market capitalization of £19.97 million, a price-to-earnings ratio of -0.01 and a beta of -0.41. The stock has a 50 day moving average price of GBX 1.63 and a two-hundred day moving average price of GBX 1.43.

Great Southern Copper (LON:GSCUGet Free Report) last released its earnings results on Tuesday, December 3rd. The company reported GBX (0.25) ($0.00) earnings per share 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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