Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s stock price was down 14.4% during mid-day trading on Monday . The company traded as low as C$0.71 and last traded at C$0.83. Approximately 812,477 shares traded hands during mid-day trading, an increase of 356% from the average daily volume of 178,202 shares. The stock had previously closed at C$0.97.
Rusoro Mining Price Performance
The stock has a market cap of C$381.73 million, a P/E ratio of -8.23 and a beta of 1.27. The stock has a 50-day simple moving average of C$0.82 and a 200-day simple moving average of C$0.89.
Insider Buying and Selling
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. Insiders have sold a total of 102,100 shares of company stock valued at $102,434 over the last ninety days. 29.16% of the stock is owned by company 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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