Nicholas Michael Briers Sells 833,333 Shares of Great Southern Copper (LON:GSCU) Stock

Key Points

  • Insider sale: Great Southern Copper insider Nicholas Michael Briers sold 833,333 shares on June 2 at an average price of GBX 3, for total proceeds of about £24,999.99.
  • Stock context: The shares last opened at GBX 2.80, with the company carrying a market cap of £21.05 million and a negative P/E ratio of -3.16.
  • Company focus: Great Southern Copper is a mineral exploration company targeting copper-gold deposits in Chile, with rights to two prospective projects in the country’s underexplored coastal belt.

Great Southern Copper PLC (LON:GSCU - Get Free Report) insider Nicholas Michael Briers sold 833,333 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 3, for a total transaction of £24,999.99.

Great Southern Copper Stock Performance

Shares of LON:GSCU opened at GBX 2.80 on Wednesday. The firm has a market cap of £21.05 million, a PE ratio of -3.16 and a beta of -0.41. The firm's 50 day simple moving average is GBX 2.78 and its 200-day simple moving average is GBX 2.91. Great Southern Copper PLC has a one year low of GBX 1.72 and a one year high of GBX 4.20.

About Great Southern Copper

(Get Free Report)

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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