Rusoro Mining (CVE:RML) Trading Down 3.8% – What’s Next?

Rusoro Mining Ltd. (CVE:RML)’s stock price traded down 3.8% during trading on Monday . The stock traded as low as C$0.77 and last traded at C$0.77. 5,500 shares were traded during mid-day trading, a decline of 91% from the average session volume of 59,385 shares. The stock had previously closed at C$0.80.

Rusoro Mining Price Performance

The stock has a market cap of C$337.86 million, a price-to-earnings ratio of -7.28 and a beta of 1.27. The firm has a fifty day moving average of C$0.78 and a 200 day moving average of C$0.98.

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.