olivLaw · European equity research
Great Southern Copper plc GSCU.L
United Kingdom · London Stock Exchange · ISIN GB00BLB5BF24 · Vertical: Listed companies from United Kingdom
Great Southern Copper plc is a pre-revenue exploration company seeking copper, gold and silver deposits in Chile through its Especularita, Mostaza and Viuda Negra projects. It depends on raising capital in the equity market as it continues drilling in the coming year, and drilling results are the key item to watch.
At the close of 05 Nov 2026, Great Southern Copper plc (GSCU.L) stock was 0.02 GBP (+0.00% on the day), with beta 0.47, 52-week range 0.02–0.04 GBP.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 45.2
- neutral
- Bollinger (20, 2)
- 0.02 – 0.02
- in the lower half of the band · %B 0.41 · band width 21.2%
- SMA 50 / 200
- 0.02 / 0.03
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.00 / -0.00
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | 0.0% | −0.6% | +0.6 pp | — |
| 3 months | −15.9% | −4.2% | −11.7 pp | — |
| 6 months | −33.7% | +4.3% | −38.0 pp | — |
| Year to date | −48.5% | +7.5% | −56.0 pp | — |
| 1 year | −39.5% | +9.9% | −49.4 pp | +6.7% |
| 3 years | −40.5% | +49.8% | −90.4 pp | +24.8% |
| 5 years | unavailable | +42.8% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | unavailable | unavailable | unavailable |
| Revenue YoY | unavailable | unavailable | unavailable |
| Net income | -1.3 m | -1.8 m | -4.2 m |
| Net income YoY | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable |
| net % | unavailable | unavailable | unavailable |
| Free cash flow | -1.2 m | -1.3 m | -1.4 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Mar 2025
- Cash
- 1.0 m GBP
- Financial debt
- unavailable GBP
- Net debt
- unavailable GBP
- Equity
- 2.6 m GBP
- Total assets
- 3.1 m GBP
- Debt / equity
- unavailable
- Current ratio
- unavailable
- ROE
- -134.6%
- ROA
- -121.8%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (GBP)
Income statement · GBP
Balance sheet · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 654.0 k | 503.0 k | 1.0 m | esef· 21 Aug 2025verified |
| Receivables | 190.0 k | 93.0 k | 97.0 k | esef· 21 Aug 2025verified |
| Current assets | 844.0 k | 596.0 k | 1.1 m | esef· 21 Aug 2025verified |
| Property, plant & equipment, net | 2.0 k | 1.0 k | 1.0 k | esef· 21 Aug 2025verified |
| Intangibles (excl. goodwill) | 2.5 m | 3.2 m | 2.0 m | esef· 21 Aug 2025verified |
| Total assets | 3.3 m | 3.8 m | 3.1 m | esef· 21 Aug 2025verified |
| Accounts payable | 126.0 k | 204.0 k | 451.0 k | esef· 21 Aug 2025verified |
| Total liabilities | 126.0 k | 204.0 k | 451.0 k | esef· 21 Aug 2025verified |
| Equity | 3.2 m | 3.6 m | 2.6 m | esef· 21 Aug 2025verified |
Cash flow · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | -1.2 m | -1.3 m | -1.4 m | esef· 21 Aug 2025verified |
| Capex | 2.0 k | 0 | 1.0 k | esef· 21 Aug 2025verified |
| Free cash flow | -1.2 m ≈ | -1.3 m ≈ | -1.4 m ≈ | esef· 21 Aug 2025derived |
| Investing cash flow | -926.0 k | -759.0 k | -1.0 m | esef· 21 Aug 2025verified |
| Financing cash flow | 0 | 1.9 m | 3.0 m | esef· 21 Aug 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 0 of at least 6
- score weight coverage: 0.0% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
0% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 0 of at least 6; score weight coverage: 0.0% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | unavailable | unavailable | — |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partialunavailable · 0/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
GREAT SOUTHERN COPPER PLC (GSCU.L). Latest full fiscal year: 2025; data up to 2025-03-31.
Figures computed from the financial statements: ROE -134.6%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 0 of at least 6; score weight coverage: 0.0% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): ROIC, Net margin, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, Current ratio, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from United Kingdom · same country · compared with 40 companies
Multiples and returns vs the median
Companies in the vertical
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|---|---|---|---|---|---|---|
| BATS.LBritish American Tobacco P.L.C. | 104.3 bn | 13.5 | 16.5% | 30.3% | −1.0% | +7% / +88% |
| ABF.LAssociated British Foods PLC | 14.7 bn | 14.3 | 9.2% | 5.3% | −3.1% | −5% / −15% |
| 0EV1.LCarnival PLC | 5.5 bn | 4.1 | 46.7% | 13.4% | +6.4% | unavailable / unavailable |
| BAB.LBabcock International Group PLC | 5.1 bn | 24.7 | 34.7% | 4.1% | +7.2% | −10% / +158% |
| AUTO.LAutotrader Group PLC | 4.8 bn | 16.4 | 60.2% | 47.1% | +3.9% | −13% / −23% |
| BBY.LBalfour Beatty PLC | 4.2 bn | 16.3 | 23.2% | 2.8% | +15.2% | +20% / +160% |
| ABDN.LAberdeen Group PLC | 4.1 bn | 10.8 | 8.0% | 28.9% | −2.1% | +11% / +41% |
| BKG.LThe Berkeley Group Holdings PLC | 3.6 bn | 11.3 | 8.8% | 13.4% | −4.2% | −0% / −22% |
| BME.LB&M European Value Retail PLC | 2.9 bn | 17.4 | 21.2% | 2.8% | +3.7% | +68% / −51% |
| AJB.LAj Bell PLC | 2.4 bn | 22.8 | 49.9% | 33.1% | +18.0% | +8% / +128% |
| ASHM.LAshmore Group PLC | 1.4 bn | 13.9 | 13.1% | 71.6% | −0.1% | +28% / +18% |
| BCG.LBaltic Classifieds Group PLC | 1.2 bn | 23.2 | 15.8% | 57.6% | +6.9% | −99% / −99% |
| APN.LApplied Nutrition PLC | 763.6 m | 36.2 | 41.2% | 19.7% | +24.2% | +71% / unavailable |
| BAG.LA.G. Barr P.L.C. | 671.9 m | 14.4 | 14.4% | 10.8% | +4.0% | −7% / +26% |
| ASC.LAsos PLC | 494.5 m | — | -81.3% | -12.0% | −14.7% | +71% / +8% |
| ALFA.LAlfa Financial Software Holdings PLC | 486.8 m | 16.3 | 61.5% | 23.8% | +15.3% | −28% / +10% |
| AML.LAston Martin Lagonda Global Holdings PLC | 344.3 m | — | -93.4% | -39.2% | −20.6% | −45% / −85% |
| APTD.LAptitude Software Group PLC | 111.3 m | 28.5 | 7.2% | 6.2% | −7.3% | −30% / −23% |
| BMS.LBraemar PLC | 78.3 m | 39.2 | 2.7% | 1.7% | −4.4% | +13% / −11% |
| AMGO.LAmigo Holdings PLC | 9.9 m | — | — | — | −81.9% | +325% / +844% |
| ASBE.LAssociated British Engineering PLC | 605.3 k | — | -19.1% | — | unavailable | unavailable / unavailable |
| AMIF.LAmicorp Fs (uk) PLC | 221.6 k | 0.1 | 27.5% | 9.1% | +8.1% | unavailable / unavailable |
| AAF.LAirtel Africa PLC | — | — | 24.1% | 10.6% | +29.5% | −7% / +164% |
| AAL.LAnglo American PLC | — | — | -19.3% | -20.2% | +4.5% | +30% / +76% |
| ACG.LAcg Metals Limited | — | — | -80.3% | -32.0% | +134.8% | +60% / +63% |
1- and 3-year price returns: for GSCU.L from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Great Southern Copper plc is a pre-revenue exploration company seeking copper, gold and silver deposits in Chile through its Especularita, Mostaza and Viuda Negra projects. It depends on raising capital in the equity market as it continues drilling in the coming year, and drilling results are the key item to watch. 1
SWOT
Strengths
- The management team has experience in discovering and developing deposits, and the company holds a project portfolio with encouraging drilling results. 1
- The cost base is lean, and the board chose to limit remuneration in the early stage, which keeps resources available for exploration. 1
- Relationships with the Chilean partners who hold the mineral rights are central to access to projects. 1
Weaknesses
- The company has no revenue and depends entirely on raising capital through share issues or other instruments. 1
- Geographic concentration in Chile exposes the company to local disruption, regulatory changes and weather conditions. 1
- The team is small and the board does not meet all diversity targets, which may limit support for more complex governance processes. 1
Opportunities
- Copper demand linked to the energy transition could support interest in new projects. 1
- If drilling results at Mostaza and Viuda Negra are confirmed, the company could advance to a more detailed evaluation stage. 1
- Expanding the portfolio through new concessions, such as those in the Cerro Negro area, could add exploration targets. 1
Threats
Risks
- Dependence on equity financinghigh
With no revenue, funding depends on the capital market; if funds cannot be raised, exploration programmes could be reduced. 1
- Concession riskhigh
Project rights depend on concessions and option agreements; undetected defects or failure to register agreements could lead to loss of rights. 1
- Geographic concentration in Chilemedium
All activity is concentrated in Chile, so local events could interrupt work more than they would for a diversified company. 1
- Exploration riskhigh
Early-stage exploration is speculative, and there is no guarantee that economic recoverable resources will be found. 1
- Currency risklow
Operating costs are largely in Chilean pesos while funding and financial statements are in sterling, which could affect budgets. 1
Investment thesis
What would need to be true (bull case)
- If drilling at Especularita and Viuda Negra confirms mineralisation, the company could justify access to capital for the next stages. 1
- Global copper demand linked to the energy transition could sustain investor interest in copper projects. 1
- A lean cost structure and the team's experience could help the company advance efficiently with available resources. 1
What would break the thesis
- With no revenue and reliance on share issues, the company could be forced to cut exploration if markets deteriorate. 1
- Concentration in Chile and regulatory changes could slow or halt projects if clear results do not follow. 1
- Early-stage exploration is speculative, and positive drilling results do not guarantee an economic deposit. 1
What to watch
- Phase III drilling results at Mostazanext 12 months
- Phase II drilling results at Viuda Negra2026
- Success of equity raises needed to fund the programmenext 10-K
- Copper price trends and Chilean mining legislation changes2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The group focuses on exploring for copper, gold and silver in Chile through its subsidiary Pacific Trends Resources Chile Spa (PTRC), which holds concession rights through option agreements. According to the annual report for the year ended 31 March 2025, the company has no customers and no turnover, and its main objective is long-term value creation for shareholders through discovering and evaluating early-stage porphyry-style Cu-Au-Ag projects. 1
The company has a very small staff, with five employees at 31 March 2025, including a senior manager who oversees four full-time geologists and contracted personnel on a project basis. The leadership includes an executive director, a part-time chief financial officer and four non-executive board members. 1
During the reporting period, drilling focused on the Especularita projects (including Mostaza), where a large copper-silver mineralised system was confirmed, and on Viuda Negra, where mineralised gold was identified. The plan for the coming year includes Phase III drilling at Mostaza and Phase II drilling at Viuda Negra, subject to results. 1
Segments
Copper-gold-silver exploration in Chile
The core activity, carried out through PTRC, targets early-stage porphyry projects of large tonnage and low to medium grade, especially Especularita and Mostaza. The company aims to define resource targets through drilling and geophysical and geochemical data. 1
Gold and silver projects
The Viuda Negra project targets Maricunga-style gold-silver mineralisation, and the company identified mineralised gold there during fiscal 2025. Further drilling depends on the results of earlier campaigns. 1
Market context
The company operates in the mineral exploration market, where funding comes almost entirely from equity issues, and the copper price directly influences its ability to raise funds. The annual report notes that a sustained decline in copper, gold and silver prices could make the projects less economic and reduce the availability of equity finance. 1
The Chilean regulatory framework matters: exploration concessions now last 4 years, and companies producing above the 50,000 metric tonnes of fine copper per annum threshold face a variable royalty. The company is not at that threshold, but it monitors legislative changes. 1
Trends
- Copper demand for the energy transitiontailwind
The company argues that global copper demand linked to the energy transition could support investor interest and access to capital. This advantage depends on sustaining the copper price. 1
- Volatility of metal pricesheadwind
Copper, gold and silver prices are volatile and influenced by external factors. A prolonged decline could reduce interest in exploration projects. 1
- Pressure on junior financingheadwind
The report notes that the funding environment for explorers is difficult, which makes equity issues essential for continuing drilling programmes. 1
- Regulatory and climate changesmixed
Chilean mining law and environmental and social requirements may evolve, and the company says it could need to adapt its activity if new rules emerge. The effect depends on the final form of the regulations. 1
Competitive position
The supplied sources do not name competitors, so comparative analysis is limited. In principle the company competes with other copper-gold-silver explorers for capital and for access to projects in Chile. 1
The competitive edge stated by management rests on the team's experience and on relationships with the Chilean partners who hold the mineral rights, while concessions must remain in good standing to be retained. 1
- Other copper-gold explorers in Chile
Explorers active in similar Cu-Au-Ag porphyry settings; the exact list is not provided in the analysed sources.
- Junior explorers listed in London
Competitors for investor capital on the standard listing market that fund similar project types.
- Australian exploration companies
The group has a shareholder base in Australia, where it competes for the attention of exploration investors.
- Copper project developers in Chile
Companies that have moved beyond exploration and may compete for capital and personnel available in the region.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202521 Aug 2025
- Annual report 202423 Oct 2024
Sources
- [1] Annual report, fiscal year ended 2025-03-31 (ESEF) · SEC / Great Southern Copper plc · 31 Mar 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.