Rusoro Mining (CVE:RML) Shares Down 0.8%

Rusoro Mining Ltd. (CVE:RML) shares fell 0.8% on Monday . The stock traded as low as C$1.23 and last traded at C$1.24. 362,685 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,061,192 shares. The stock had previously closed at C$1.25.

Rusoro Mining Price Performance

The company has a market capitalization of C$715.90 million, a P/E ratio of -24.80 and a beta of 1.40. The business’s 50-day moving average price is C$1.17 and its two-hundred day moving average price is C$0.82.

Insider Buying and Selling

In other Rusoro Mining news, Director Gordon Keep sold 20,000 shares of Rusoro Mining stock in a transaction dated Friday, March 8th. The stock was sold at an average price of C$1.30, for a total transaction of C$26,000.00. In other news, Director Anthony John Beruschi acquired 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average cost of C$1.13 per share, for a total transaction of C$45,200.00. Also, Director Gordon Keep sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of C$1.30, for a total transaction of C$26,000.00. In the last quarter, insiders have sold 435,000 shares of company stock valued at $490,750. 30.02% of the stock is owned by company 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.