Great Southern Copper (LON:GSCU) Insider Acquires 666,667 Shares of Company Stock

Key Points

  • Insider purchase: Charles Richard William Bond acquired 666,667 Great Southern Copper shares at GBX 2 each, investing approximately £13,333.
  • Stock performance: Shares opened at GBX 1.64, compared with a 1-year range of GBX 1.50 to GBX 4.20. The company has a market capitalization of about £12.68 million.
  • Business and earnings: Great Southern Copper explores copper-gold deposits in Chile and reported a quarterly loss of GBX 0.41 per share.

Great Southern Copper PLC (LON:GSCU - Get Free Report) insider Charles Richard William Bond bought 666,667 shares of the firm's stock in a transaction on Thursday, October 15th. The shares were purchased at an average price of GBX 2 per share, for a total transaction of £13,333.34.

Great Southern Copper Price Performance

Shares of LON:GSCU opened at GBX 1.64 on Friday. Great Southern Copper PLC has a 1-year low of GBX 1.50 and a 1-year high of GBX 4.20. The company has a market capitalization of £12.68 million, a P/E ratio of -4.01 and a beta of -0.41. The firm's 50 day simple moving average is GBX 2.13 and its two-hundred day simple moving average is GBX 2.51.

Great Southern Copper (LON:GSCU - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX (0.41) earnings per share (EPS) for the quarter.

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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