Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s share price dropped 22.7% during trading on Monday . The company traded as low as C$0.71 and last traded at C$0.75. Approximately 631,043 shares traded hands during trading, an increase of 263% from the average daily volume of 173,648 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Up 0.6 %
The firm has a market cap of C$381.73 million, a PE ratio of -8.23 and a beta of 1.27. The company has a 50-day simple moving average of C$0.82 and a two-hundred day simple moving average of C$0.89.
Insider Buying and Selling
In related news, Director Anthony John Beruschi sold 75,000 shares of Rusoro Mining stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$0.99, for a total value of C$74,250.00. In the last ninety days, insiders have sold 102,100 shares of company stock valued at $102,434. 29.16% of the stock is owned by insiders.
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.
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