Shares of Rusoro Mining Ltd. (CVE:RML - Get Free Report) traded down 13.4% on Monday . The stock traded as low as C$0.84 and last traded at C$0.84. 444,693 shares changed hands during mid-day trading, an increase of 163% from the average session volume of 169,018 shares. The stock had previously closed at C$0.97.
Rusoro Mining Trading Up 1.7 %
The company has a market capitalization of C$386.12 million, a PE ratio of -8.32 and a beta of 1.27. The firm has a 50 day simple moving average of C$0.82 and a two-hundred day simple moving average of C$0.89.
Insider Activity at Rusoro Mining
In related news, Director Anthony John Beruschi sold 75,000 shares of the firm'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. Insiders have sold a total of 102,100 shares of company stock worth $102,434 in the last three months. Insiders own 29.16% of the company's stock.
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.
Featured Stories
Before you consider Rusoro Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rusoro Mining wasn't on the list.
While Rusoro Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
