Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s share price fell 16.5% during trading on Monday . The company traded as low as C$0.71 and last traded at C$0.81. 759,343 shares traded hands during trading, an increase of 329% from the average session volume of 177,122 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Performance
The company has a market cap of C$381.73 million, a P/E ratio of -8.23 and a beta of 1.27. The company has a fifty day moving average price of C$0.82 and a two-hundred day moving average price of C$0.89.
Insider Buying and Selling
In related news, Director Anthony John Beruschi sold 75,000 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total transaction of C$74,250.00. Over the last quarter, insiders have sold 102,100 shares of company stock worth $102,434. Corporate insiders own 29.16% of the company's stock.
Rusoro Mining Company Profile
(
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.
Recommended 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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
