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

Rusoro Mining Ltd. (CVE:RMLGet Free Report) traded down 3.8% on Monday . The stock traded as low as C$0.77 and last traded at C$0.77. 5,500 shares traded hands during 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 company has a 50-day moving average of C$0.78 and a two-hundred day moving average of C$0.98. The stock has a market capitalization of C$337.86 million, a PE ratio of -7.28 and a beta of 1.27.

About Rusoro Mining

(Get Free Report)

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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