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Rusoro Mining (CVE:RML) Shares Up 15.3% - What's Next?

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Rusoro Mining Ltd. (CVE:RML - Get Free Report) shares shot up 15.3% during trading on Monday . The stock traded as high as C$1.05 and last traded at C$0.98. 485,008 shares changed hands during mid-day trading, an increase of 289% from the average session volume of 124,538 shares. The stock had previously closed at C$0.85.

Rusoro Mining Stock Up 6.4 %

The firm has a 50-day simple moving average of C$0.78 and a 200-day simple moving average of C$0.92. The stock has a market cap of C$438.77 million, a PE ratio of -9.45 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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