Shares of Rusoro Mining Ltd. (CVE:RML – Get Free Report) were down 15.5% during mid-day trading on Monday . The company traded as low as C$0.71 and last traded at C$0.82. Approximately 958,486 shares changed hands during mid-day trading, an increase of 429% from the average daily volume of 181,044 shares. The stock had previously closed at C$0.97.
Rusoro Mining Price Performance
The business has a 50-day moving average of C$0.81 and a 200 day moving average of C$0.89. The company has a market cap of C$359.80 million, a PE ratio of -7.75 and a beta of 1.27.
Insider Buying and Selling at Rusoro Mining
In other news, Director Anthony John Beruschi sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$0.99, for a total value of C$74,250.00. 29.16% of the stock is owned by corporate 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.
Recommended Stories
- Five stocks we like better than Rusoro Mining
- The How and Why of Investing in Gold Stocks
- Super Micro Stock: $7.2M Call Options Signal Big Upside Potential
- Energy and Oil Stocks Explained
- Top 3 Buy-and-Hold Stocks for 2025: Long-Term Winners to Watch
- Compound Interest and Why It Matters When Investing
- D-Wave Stock: Is Quantum Blockchain the Next Big Catalyst?
Receive News & Ratings for Rusoro Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rusoro Mining and related companies with MarketBeat.com's FREE daily email newsletter.
