Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s stock price rose 16.5% during mid-day trading on Monday . The stock traded as high as C$1.05 and last traded at C$0.99. Approximately 523,408 shares changed hands during trading, an increase of 314% from the average daily volume of 126,321 shares. The stock had previously closed at C$0.85.
Rusoro Mining Trading Up 6.4 %
The firm's fifty day moving average price is C$0.78 and its 200-day moving average price is C$0.92. The company has a market cap of C$438.77 million, a P/E ratio of -9.45 and a beta of 1.27.
About Rusoro Mining
(
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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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