Rusoro Mining (CVE:RML) Shares Up 0.9%

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Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s share price shot up 0.9% on Monday . The company traded as high as C$1.16 and last traded at C$1.16. 189,964 shares were traded during trading, a decline of 84% from the average session volume of 1,191,774 shares. The stock had previously closed at C$1.15.

Rusoro Mining Trading Up 0.9 %

The stock's fifty day moving average is C$1.12 and its two-hundred day moving average is C$0.74. The firm has a market cap of C$669.71 million, a P/E ratio of -23.20 and a beta of 1.42.

Insider Buying and Selling

In other news, Director Anthony John Beruschi bought 40,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 13th. The shares were acquired at an average price of C$1.13 per share, with a total value of C$45,200.00. In other news, Director Gordon Keep sold 140,000 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of C$1.02, for a total value of C$142,800.00. Also, Director Anthony John Beruschi purchased 40,000 shares of the firm's stock in a transaction dated Wednesday, March 13th. The stock was bought at an average cost of C$1.13 per share, for a total transaction of C$45,200.00. In the last 90 days, insiders have sold 559,000 shares of company stock valued at $595,280. Company insiders own 30.18% of the company's stock.

Rusoro Mining Company Profile

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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.

Further Reading

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