Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s stock price dropped 14.4% during trading on Monday . The stock traded as low as C$0.71 and last traded at C$0.83. Approximately 812,477 shares changed 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 Trading Down 15.5 %
The stock has a market capitalization of C$359.80 million, a P/E ratio of -7.75 and a beta of 1.27. The firm’s fifty day moving average is C$0.81 and its 200-day moving average is C$0.90.
Insider Activity
In other Rusoro Mining news, Director Anthony John Beruschi sold 75,000 shares of Rusoro Mining stock in a transaction 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 owned by 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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