Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price was down 12% during trading on Monday . The company traded as low as C$1.01 and last traded at C$1.03. Approximately 332,371 shares changed hands during trading, a decline of 81% from the average daily volume of 1,794,835 shares. The stock had previously closed at C$1.17.
Rusoro Mining Price Performance
The business’s 50-day moving average price is C$1.05 and its two-hundred day moving average price is C$1.14. The firm has a market cap of C$664.35 million, a price-to-earnings ratio of -13.25 and a beta of -0.32.
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.
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