Rusoro Mining (CVE:RML) Shares Up 18.3% – Here’s What Happened

Shares of Rusoro Mining Ltd. (CVE:RMLGet Free Report) rose 18.3% on Monday . The stock traded as high as C$1.24 and last traded at C$1.10. Approximately 3,911,266 shares were traded during trading, an increase of 246% from the average daily volume of 1,130,899 shares. The stock had previously closed at C$0.93.

Rusoro Mining Stock Up 12.9%

The firm has a market capitalization of C$658.09 million, a price-to-earnings ratio of -13.13 and a beta of -0.32. The company’s 50 day moving average is C$1.06 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.

Read More

Receive News & Ratings for Rusoro Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rusoro Mining and related companies with MarketBeat.com's FREE daily email newsletter.