Rusoro Mining Ltd. (CVE:RML – Get Free Report) shares were down 15.5% during trading on Monday . The company traded as low as C$0.71 and last traded at C$0.82. Approximately 958,486 shares were traded 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 firm has a fifty day moving average of C$0.81 and a 200 day moving average of C$0.89. The stock has a market capitalization of C$359.80 million, a price-to-earnings ratio of -7.75 and a beta of 1.27.
Insider Transactions at Rusoro Mining
In other Rusoro Mining news, Director Anthony John Beruschi sold 75,000 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total value of C$74,250.00. Corporate insiders own 29.16% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Rusoro Mining
- How to Short a Stock in 5 Easy Steps
- Super Micro Stock: $7.2M Call Options Signal Big Upside Potential
- Why Are These Companies Considered Blue Chips?
- Top 3 Buy-and-Hold Stocks for 2025: Long-Term Winners to Watch
- 10 Best Airline Stocks to Buy
- 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.
