Great Southern Copper (LON:GSCU) Shares Up 17.6% – Still a Buy?

Great Southern Copper PLC (LON:GSCUGet Free Report) shot up 17.6% during trading on Thursday . The stock traded as high as GBX 2.01 ($0.03) and last traded at GBX 2 ($0.03). 7,967,024 shares changed hands during trading, an increase of 842% from the average session volume of 846,168 shares. The stock had previously closed at GBX 1.70 ($0.02).

Great Southern Copper Price Performance

The firm has a 50-day moving average of GBX 1.52 and a 200 day moving average of GBX 1.38. The stock has a market capitalization of £9.89 million, a price-to-earnings ratio of 0.00 and a beta of -0.41.

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