Rusoro Mining (CVE:RML) Shares Up 0.9% – Here’s What Happened

Rusoro Mining Ltd. (CVE:RML)’s stock price shot up 0.9% on Monday . The company traded as high as C$1.19 and last traded at C$1.14. 30,000 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 664,520 shares. The stock had previously closed at C$1.13.

Rusoro Mining Stock Performance

The stock has a market cap of C$720.76 million, a price-to-earnings ratio of -14.38 and a beta of -1.46. The company has a fifty day simple moving average of C$1.14 and a 200-day simple moving average of C$1.15.

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.