Rusoro Mining Ltd. (CVE:RML – Get Free Report) shares traded down 18.6% during mid-day trading on Monday . The stock traded as low as C$0.71 and last traded at C$0.79. 711,843 shares changed hands during trading, an increase of 303% from the average session volume of 176,541 shares. The stock had previously closed at C$0.97.
Rusoro Mining Price Performance
The stock has a market capitalization of C$364.18 million, a price-to-earnings ratio of -7.85 and a beta of 1.27. The stock has a 50-day moving average of C$0.81 and a 200 day moving average of C$0.90.
Insider Transactions at Rusoro Mining
In related news, Director Anthony John Beruschi sold 75,000 shares of Rusoro Mining stock in a transaction 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 corporate insiders.
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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