Insider Selling: Rusoro Mining Ltd. (CVE:RML) Senior Officer Sells 130,000 Shares of Stock

Rusoro Mining Ltd. (CVE:RML) Senior Officer Aaron Triplett sold 130,000 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of C$1.32, for a total value of C$171,600.00.

Aaron Triplett also recently made the following trade(s):

• On Friday, June 14th, Aaron Triplett sold 240,000 shares of Rusoro Mining stock. The stock was sold at an average price of C$1.33, for a total value of C$319,200.00.

Rusoro Mining Price Performance

CVE RML traded up C$0.01 on Tuesday, hitting C$1.34. 320,870 shares of the company’s stock were exchanged, compared to its average volume of 1,046,026. The firm’s 50-day moving average price is C$1.30 and its two-hundred day moving average price is C$1.04. Rusoro Mining Ltd. has a fifty-two week low of C$0.20 and a fifty-two week high of C$1.51. The firm has a market cap of C$778.49 million, a price-to-earnings ratio of -26.70 and a beta of 1.39.

Rusoro Mining (CVE:RML) last released its quarterly earnings results on Tuesday, May 28th. The company reported C($0.03) earnings per share for the quarter.

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.