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Rusoro Mining (CVE:RML) Trading Down 3.8% - Here's Why

Rusoro Mining logo with Basic Materials background

Shares of Rusoro Mining Ltd. (CVE:RML - Get Free Report) dropped 3.8% during mid-day trading on Monday . The company traded as low as C$0.77 and last traded at C$0.77. Approximately 5,500 shares traded hands during trading, a decline of 91% from the average daily volume of 59,385 shares. The stock had previously closed at C$0.80.

Rusoro Mining Trading Up 5.1 %

The firm has a market capitalization of C$364.18 million, a PE ratio of -7.85 and a beta of 1.27. The business has a 50 day moving average price of C$0.77 and a 200-day moving average price of C$0.98.

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.

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