Rusoro Mining Ltd. (CVE:RML – Get Free Report) dropped 15.5% on Tuesday . The stock traded as low as C$0.71 and last traded at C$0.82. Approximately 958,486 shares were traded during trading, an increase of 429% from the average daily volume of 181,044 shares. The stock had previously closed at C$0.97.
Rusoro Mining Price Performance
The firm’s 50 day moving average price is C$0.81 and its 200-day moving average price is C$0.89. The firm has a market cap of C$359.80 million, a price-to-earnings ratio of -7.75 and a beta of 1.27.
Insider Buying and Selling at Rusoro Mining
In other news, Director Anthony John Beruschi sold 75,000 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$0.99, for a total value of C$74,250.00. Insiders own 29.16% of the company’s stock.
Rusoro Mining Company Profile
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
- Five stocks we like better than Rusoro Mining
- Differences Between Momentum Investing and Long Term Investing
- Super Micro Stock: $7.2M Call Options Signal Big Upside Potential
- How Can Investors Benefit From After-Hours Trading
- Top 3 Buy-and-Hold Stocks for 2025: Long-Term Winners to Watch
- The Most Important Warren Buffett Stock for Investors: His Own
- D-Wave Stock: Is Quantum Blockchain the Next Big Catalyst?
Receive News & Ratings for Rusoro Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rusoro Mining and related companies with MarketBeat.com's FREE daily email newsletter.
