Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price was down 7.4% during mid-day trading on Monday . The stock traded as low as C$0.63 and last traded at C$0.63. Approximately 6,270 shares changed hands during trading, a decline of 91% from the average daily volume of 71,711 shares. The stock had previously closed at C$0.68.
Rusoro Mining Price Performance
The stock has a market cap of C$442.09 million, a price-to-earnings ratio of -14.40 and a beta of 1.27. The business’s 50 day moving average is C$0.79 and its 200 day moving average is C$1.04.
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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