Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price was up 15.3% on Monday . The stock traded as high as C$1.05 and last traded at C$0.98. Approximately 485,008 shares traded hands during mid-day trading, an increase of 289% from the average daily volume of 124,538 shares. The stock had previously closed at C$0.85.
Rusoro Mining Stock Performance
The stock has a 50-day moving average of C$0.77 and a two-hundred day moving average of C$0.93. The company has a market cap of C$412.45 million, a P/E ratio of -8.89 and a beta of 1.27.
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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