Rusoro Mining (CVE:RML) Sets New 52-Week High at $1.31

Rusoro Mining Ltd. (CVE:RML) hit a new 52-week high during trading on Wednesday . The company traded as high as C$1.31 and last traded at C$1.28, with a volume of 688473 shares trading hands. The stock had previously closed at C$1.25.

Rusoro Mining Stock Up 2.4 %

The firm has a 50-day moving average of C$1.18 and a 200 day moving average of C$0.86. The stock has a market capitalization of C$739.00 million, a P/E ratio of -25.40 and a beta of 1.40.

Insider Transactions at Rusoro Mining

In related news, Director Anthony John Beruschi sold 180,000 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of C$1.24, for a total value of C$223,200.00. In other news, Director Vladimir Pavlovich Agapov sold 108,600 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of C$1.25, for a total value of C$135,532.80. Also, Director Anthony John Beruschi sold 180,000 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of C$1.24, for a total transaction of C$223,200.00. In the last three months, insiders sold 898,600 shares of company stock valued at $1,088,268. Company insiders own 30.02% 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.