Rusoro Mining (CVE:RML) Director Sells 60,000 Shares

Rusoro Mining Ltd. (CVE:RML) Director Andre Vladimir Agapov sold 60,000 shares of the stock in a transaction on 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 transaction, the director directly owned 70,924,167 shares in the company, valued at C$87,945,967.08. This trade represents a 0.08% decrease in their ownership of the stock.

Rusoro Mining Price Performance

RML remained flat at C$1.26 on Friday. 1,084,918 shares of the company were exchanged, compared to its average volume of 819,794. Rusoro Mining Ltd. has a 52-week low of C$0.56 and a 52-week high of C$1.45. The company has a market cap of C$789.70 million, a PE ratio of -15.75 and a beta of -1.46. The stock’s 50-day simple moving average is C$1.14 and its 200-day simple moving average is C$1.15.

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. in November 2006. The company is headquartered in Vancouver, Canada.