Great Southern Copper (LON:GSCU) Stock Price Up 12.5% – Here’s What Happened

Great Southern Copper PLC (LON:GSCU)’s share price shot up 12.5% on Wednesday . The stock traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.60 ($0.05). 26,115,289 shares traded hands during mid-day trading, an increase of 830% from the average session 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 50 day simple moving average of GBX 1.63 and a 200-day simple moving average of GBX 1.43. The company has a market cap of £19.97 million, a price-to-earnings ratio of -0.01 and a beta of -0.41.

Great Southern Copper (LON:GSCU) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX (0.25) ($0.00) earnings per share (EPS) for the quarter.

About Great Southern Copper

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.