Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price traded down 11.3% during mid-day trading on Monday . The stock traded as low as C$0.84 and last traded at C$0.86. 430,193 shares were traded during trading, an increase of 156% from the average session volume of 167,978 shares. The stock had previously closed at C$0.97.
Rusoro Mining Trading Down 16.5 %
The company has a market capitalization of C$355.41 million, a PE ratio of -7.66 and a beta of 1.27. The stock has a fifty day moving average of C$0.81 and a two-hundred day moving average of C$0.90.
Insider Activity
In other Rusoro Mining news, Director Anthony John Beruschi sold 75,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total value of C$74,250.00. Insiders own 29.16% of the company’s stock.
About Rusoro Mining
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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