Rusoro Mining (CVE:RML) Trading Down 10.3% – Should You Sell?

Rusoro Mining Ltd. (CVE:RMLGet Free Report)’s share price traded down 10.3% on Monday . The company traded as low as C$1.05 and last traded at C$1.05. 231,469 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 1,779,151 shares. The stock had previously closed at C$1.17.

Rusoro Mining Stock Performance

The stock has a market cap of C$789.70 million, a P/E ratio of -15.75 and a beta of -0.32. The stock’s fifty day moving average is C$1.05 and its 200 day moving average is C$1.14.

Rusoro Mining Company Profile

(Get Free Report)

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.

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