Rusoro Mining Ltd. (CVE:RML – Get Free Report) fell 14.4% during trading on Monday . The stock traded as low as C$0.71 and last traded at C$0.83. 812,477 shares changed hands during mid-day trading, an increase of 356% from the average session volume of 178,202 shares. The stock had previously closed at C$0.97.
Rusoro Mining Price Performance
The stock has a market capitalization of C$381.73 million, a price-to-earnings ratio of -8.23 and a beta of 1.27. The stock has a 50-day moving average of C$0.82 and a 200 day moving average of C$0.89.
Insider Activity
In related news, Director Anthony John Beruschi sold 75,000 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total value of C$74,250.00. Insiders sold 102,100 shares of company stock valued at $102,434 in the last quarter. Company 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.
Featured Stories
- Five stocks we like better than Rusoro Mining
- Trading Halts Explained
- Energy Transfer: Powering Data With Dividends and Diversification
- Retail Stocks Investing, Explained
- Qualcomm Stock Is Coiling for a Breakout
- How to Use Stock Screeners to Find Stocks
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
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.
