Rusoro Mining Ltd. (CVE:RML - Get Free Report) shares rose 5.1% on Monday . The company traded as high as C$1.03 and last traded at C$1.03. Approximately 169,012 shares changed hands during trading, a decline of 9% from the average daily volume of 184,748 shares. The stock had previously closed at C$0.98.
Rusoro Mining Stock Performance
The business's fifty day simple moving average is C$0.92 and its 200-day simple moving average is C$0.81. The company has a market capitalization of C$434.39 million, a P/E ratio of -9.36 and a beta of 1.27.
Insider Buying and Selling at Rusoro Mining
In related news, Director Anthony John Beruschi sold 30,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of C$0.95, for a total transaction of C$28,500.00. Over the last three months, insiders have sold 332,500 shares of company stock valued at $307,325. 29.16% of the stock is currently owned by corporate insiders.
About Rusoro Mining
(
Get Free Report)
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
Before you consider Rusoro Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rusoro Mining wasn't on the list.
While Rusoro Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
