Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price fell 10.3% during trading on Monday . The company traded as low as C$1.05 and last traded at C$1.05. 230,469 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,777,237 shares. The stock had previously closed at C$1.17.
Rusoro Mining Price Performance
The stock has a 50 day moving average price of C$1.05 and a two-hundred day moving average price of C$1.14. The company has a market capitalization of C$789.70 million, a price-to-earnings ratio of -15.75 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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