Shares of Rusoro Mining Ltd. (CVE:RML - Get Free Report) were down 16.5% during trading on Monday . The company traded as low as C$0.71 and last traded at C$0.81. Approximately 759,343 shares changed hands during trading, an increase of 329% from the average daily volume of 177,122 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Up 0.6 %
The stock has a market capitalization of C$381.73 million, a price-to-earnings ratio of -8.23 and a beta of 1.27. The company's fifty day simple moving average is C$0.82 and its 200 day simple moving average is C$0.89.
Insider Activity at Rusoro Mining
In related news, Director Anthony John Beruschi sold 75,000 shares of the business's stock in a transaction on 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 90 days, insiders have sold 102,100 shares of company stock worth $102,434. Insiders own 29.16% of the company's stock.
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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