Rusoro Mining Ltd. (CVE:RML - Get Free Report)'s share price was down 6.6% during mid-day trading on Friday . The stock traded as low as C$1.11 and last traded at C$1.13. Approximately 207,900 shares were traded during trading, an increase of 15% from the average daily volume of 181,391 shares. The stock had previously closed at C$1.21.
Rusoro Mining Stock Performance
The company has a market capitalization of C$500.20 million, a PE ratio of -10.78 and a beta of 1.27. The company's 50-day simple moving average is C$0.82 and its 200-day simple moving average is C$0.79.
Insider Activity at Rusoro Mining
In other news, Director Anthony John Beruschi sold 30,000 shares of the firm's stock in a transaction on Friday, June 20th. The shares were sold at an average price of C$0.95, for a total value of C$28,500.00. In the last ninety days, insiders have sold 332,500 shares of company stock valued at $307,325. 29.16% 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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