Shares of Rusoro Mining Ltd. (CVE:RML – Get Free Report) 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 were traded during mid-day 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 Stock Performance
The firm has a market cap of C$364.18 million, a P/E ratio of -7.85 and a beta of 1.27. The stock’s 50-day moving average is C$0.81 and its 200 day moving average is C$0.90.
Insider Transactions at Rusoro Mining
In related news, Director Anthony John Beruschi sold 75,000 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total value of C$74,250.00. 29.16% of the stock is currently owned by 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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