Rusoro Mining Ltd. (CVE:RML - Get Free Report) shares fell 4.9% on Monday . The company traded as low as C$0.58 and last traded at C$0.58. 39,000 shares traded hands during trading, a decline of 77% from the average session volume of 170,853 shares. The stock had previously closed at C$0.61.
Rusoro Mining Price Performance
The stock has a market cap of C$263.26 million, a P/E ratio of -5.67 and a beta of 1.27. The firm has a 50 day simple moving average of C$0.78 and a 200-day simple moving average of C$0.78.
Insider Activity at Rusoro Mining
In related 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 value of C$74,250.00. Also, Director Vladimir Pavlovich Agapov acquired 100,000 shares of the business's stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average cost of C$0.70 per share, with a total value of C$69,870.00. Insiders sold 110,100 shares of company stock worth $109,314 in the last ninety days. 29.16% of the stock is 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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