Insider Buying: Rusoro Mining (CVE:RML) Director Acquires C$105,000.00 in Stock

Rusoro Mining Ltd. (CVE:RML) Director Andre Vladimir Agapov purchased 100,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average cost of C$1.05 per share, with a total value of C$105,000.00. Following the purchase, the director directly owned 61,130,367 shares in the company, valued at approximately C$64,186,885.35. The trade was a 0.16% increase in their ownership of the stock.

Andre Vladimir Agapov also recently made the following trade(s):

• On Friday, March 20th, Andre Vladimir Agapov sold 60,000 shares of Rusoro Mining stock. The shares were sold at an average price of C$1.24, for a total transaction of C$74,400.00.

Rusoro Mining Trading Down 4.8%

Shares of CVE RML opened at C$1.09 on Friday. The company’s 50-day moving average price is C$1.12 and its 200 day moving average price is C$1.11. Rusoro Mining Ltd. has a 52 week low of C$0.58 and a 52 week high of C$1.45. The stock has a market cap of C$683.16 million, a price-to-earnings ratio of -2.60 and a beta of -1.59.

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.