Rusoro Mining Ltd. (CVE:RML - Get Free Report) shares rose 5.1% during trading on Monday . The stock traded as high as C$1.03 and last traded at C$1.03. Approximately 169,012 shares changed hands during mid-day 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 Price Performance
The firm's 50 day moving average price is C$0.92 and its 200 day moving average price is C$0.81. The stock has a market capitalization of C$443.16 million, a P/E ratio of -9.55 and a beta of 1.27.
Insider Activity
In related news, Director Anthony John Beruschi sold 30,000 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$0.95, for a total value of C$28,500.00. Insiders sold 332,500 shares of company stock valued at $307,325 over the last quarter. 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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