Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price was down 15.5% during trading on Monday . The stock traded as low as C$0.71 and last traded at C$0.82. 958,486 shares traded hands during mid-day trading, an increase of 429% from the average daily volume of 181,142 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Performance
The firm has a market cap of C$359.80 million, a price-to-earnings ratio of -7.75 and a beta of 1.27. The business’s 50 day moving average price is C$0.81 and its 200 day moving average price is C$0.90.
Insider Activity at Rusoro Mining
In other Rusoro Mining news, Director Anthony John Beruschi sold 75,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of C$0.99, for a total transaction of C$74,250.00. 29.16% of the stock is owned by company insiders.
Rusoro Mining Company Profile
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mineral properties in Venezuela. It primarily holds 95% interests in the Choco 10 mine; and 50% interest in the Isidora mine located in the El Callao district in south-eastern Venezuela. The company was formerly known as Newton Ventures Inc and changed its name to Rusoro Mining Ltd.
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