Rusoro Mining Ltd. (CVE:RML – Get Free Report) traded down 22.7% on Monday . The stock traded as low as C$0.71 and last traded at C$0.75. 631,043 shares were traded during mid-day trading, an increase of 263% from the average session volume of 173,648 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Down 14.4 %
The firm has a market cap of C$364.18 million, a PE ratio of -7.85 and a beta of 1.27. The stock has a 50 day moving average price of C$0.81 and a two-hundred day moving average price of C$0.90.
Insider Buying and Selling
In other news, Director Anthony John Beruschi sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total transaction of C$74,250.00. 29.16% of the stock is currently owned by company 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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