Rusoro Mining (CVE:RML) Shares Down 6% – Here’s What Happened
by Renee Jackson · The Cerbat GemRusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price traded down 6% during trading on Monday . The company traded as low as C$1.08 and last traded at C$1.10. 79,767 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 1,751,828 shares. The stock had previously closed at C$1.17.
Rusoro Mining Price Performance
The stock has a market cap of C$789.70 million, a PE ratio of -15.75 and a beta of -0.32. The business has a 50 day moving average price of C$1.05 and a two-hundred day moving average price of C$1.14.
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. in November 2006. The company is headquartered in Vancouver, Canada.