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Rusoro Mining (CVE:RML) Stock Price Up 17.6% - Time to Buy?

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Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s share price was up 17.6% during trading on Monday . The stock traded as high as C$1.01 and last traded at C$1.00. Approximately 285,508 shares were traded during trading, an increase of 142% from the average daily volume of 117,853 shares. The stock had previously closed at C$0.85.

Rusoro Mining Stock Up 10.6 %

The stock has a market cap of C$456.33 million, a PE ratio of -9.83 and a beta of 1.27. The firm has a 50 day moving average price of C$0.78 and a 200 day moving average price of C$0.92.

Insider Activity

In other news, Director Anthony John Beruschi sold 75,000 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$0.99, for a total transaction of C$74,250.00. Insiders own 29.16% of the company's stock.

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.

Further Reading

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