Rusoro Mining (CVE:RML) Trading Down 0.8%

Rusoro Mining Ltd. (CVE:RML - Get Free Report) was down 0.8% during mid-day trading on Monday . The company traded as low as C$1.23 and last traded at C$1.24. Approximately 362,685 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 1,061,192 shares. The stock had previously closed at C$1.25.

Rusoro Mining Stock Down 0.8 %

The firm has a market capitalization of C$715.90 million, a PE ratio of -24.80 and a beta of 1.40. The business's 50-day moving average price is C$1.17 and its 200-day moving average price is C$0.82.

Insider Buying and Selling at Rusoro Mining

In other Rusoro Mining news, Director Gordon Keep sold 140,000 shares of Rusoro Mining stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of C$1.02, for a total transaction of C$142,800.00. In related news, Director Anthony John Beruschi sold 35,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of C$1.27, for a total value of C$44,450.00. Also, Director Gordon Keep sold 140,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of C$1.02, for a total transaction of C$142,800.00. In the last quarter, insiders have sold 435,000 shares of company stock worth $490,750. 30.02% of the stock is currently owned by company insiders.

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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