Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s stock price dropped 3.7% on Friday . The company traded as low as C$1.15 and last traded at C$1.17. Approximately 110,600 shares were traded during trading, a decline of 39% from the average daily volume of 181,391 shares. The stock had previously closed at C$1.21.
Rusoro Mining Price Performance
The firm's 50 day moving average price is C$0.80 and its two-hundred day moving average price is C$0.79. The stock has a market cap of C$511.17 million, a PE ratio of -11.01 and a beta of 1.27.
Insider Buying and Selling
In related news, Director Vladimir Pavlovich Agapov acquired 100,000 shares of the firm's stock in a transaction that occurred on Monday, April 7th. The shares were bought at an average cost of C$0.70 per share, for a total transaction of C$69,870.00. Also, Director Anthony John Beruschi sold 300,000 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of C$0.92, for a total value of C$276,000.00. Insiders sold a total of 332,500 shares of company stock valued at $307,325 over the last quarter. 29.16% of the stock is owned by company insiders.
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.
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