Shares of Rusoro Mining Ltd. (CVE:RML - Get Free Report) traded up 0.5% during trading on Monday . The stock traded as high as C$1.05 and last traded at C$1.03. 278,668 shares changed hands during mid-day trading, an increase of 70% from the average session volume of 163,646 shares. The stock had previously closed at C$1.03.
Rusoro Mining Stock Down 2.5%
The company's 50-day simple moving average is C$0.80 and its 200 day simple moving average is C$0.79. The company has a market capitalization of C$517.75 million, a P/E ratio of -11.16 and a beta of 1.27.
Insiders Place Their Bets
In related news, Director Vladimir Pavlovich Agapov purchased 100,000 shares of the firm's stock in a transaction dated Monday, April 7th. The stock was bought at an average price of C$0.70 per share, for a total transaction of C$69,870.00. Also, Director Anthony John Beruschi sold 30,000 shares of the stock in a transaction dated Friday, June 20th. The shares were 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 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.
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