Rusoro Mining Ltd. (
CVE:RML -
Get Free Report)'s stock price was down 6.5% on Monday . The company traded as low as C$0.98 and last traded at C$1.00. Approximately 1,497,067 shares changed hands during trading, an increase of 106% from the average daily volume of 725,427 shares. The stock had previously closed at C$1.07.
Rusoro Mining Trading Down 6.5%
The business's 50-day moving average is C$1.12 and its two-hundred day moving average is C$1.12. The firm has a market cap of C$626.75 million, a P/E ratio of -12.50 and a beta of -1.46.
Insider Buying and Selling at Rusoro Mining
In related news, Director Andre Vladimir Agapov sold 60,000 shares of the business's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of C$1.24, for a total transaction of C$74,400.00. Following the completion of the sale, the director owned 70,924,167 shares of the company's stock, valued at C$87,945,967.08. This represents a 0.08% decrease in their position. 29.16% of the stock is currently owned by corporate 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. in November 2006. The company is headquartered in Vancouver, Canada.
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