Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price traded down 15.5% during mid-day trading on Tuesday . The company traded as low as C$0.71 and last traded at C$0.82. 958,486 shares were traded during trading, an increase of 429% from the average session volume of 181,044 shares. The stock had previously closed at C$0.97.
Rusoro Mining Stock Performance
The company’s 50-day moving average price is C$0.81 and its 200 day moving average price is C$0.89. The stock has a market cap of C$359.80 million, a PE ratio of -7.75 and a beta of 1.27.
Insider Buying and Selling at Rusoro Mining
In other Rusoro Mining news, Director Anthony John Beruschi sold 75,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$0.99, for a total transaction of C$74,250.00. 29.16% of the stock is owned by corporate insiders.
About Rusoro Mining
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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