Rusoro Mining (CVE:RML) Trading 16.5% Higher – Here’s What Happened

Rusoro Mining Ltd. (CVE:RMLGet Free Report)’s stock price rose 16.5% during trading on Monday . The stock traded as high as C$1.05 and last traded at C$0.99. Approximately 523,408 shares traded hands during mid-day trading, an increase of 314% from the average daily volume of 126,321 shares. The stock had previously closed at C$0.85.

Rusoro Mining Price Performance

The business has a fifty day moving average of C$0.77 and a 200 day moving average of C$0.93. The stock has a market cap of C$412.45 million, a PE ratio of -8.89 and a beta of 1.27.

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.

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