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Rusoro Mining (CVE:RML) Stock Price Down 9.6% - Here's What Happened

Rusoro Mining logo with Basic Materials background

Rusoro Mining Ltd. (CVE:RML - Get Free Report) traded down 9.6% during trading on Friday . The stock traded as low as C$0.75 and last traded at C$0.75. 72,530 shares were traded during trading, an increase of 5% from the average session volume of 69,363 shares. The stock had previously closed at C$0.83.

Rusoro Mining Stock Down 9.6 %

The firm has a 50 day moving average of C$0.79 and a 200 day moving average of C$1.11. The firm has a market cap of C$460.51 million, a price-to-earnings ratio of -15.00 and a beta of 1.27.

Rusoro Mining Company Profile

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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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