Rusoro Mining (CVE:RML) Reaches New 1-Year High at $0.95

Shares of Rusoro Mining Ltd. (CVE:RMLGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.95 and last traded at C$0.93, with a volume of 791349 shares trading hands. The stock had previously closed at C$0.90.

Rusoro Mining Price Performance

The business has a 50 day moving average price of C$0.70 and a 200 day moving average price of C$0.52. The firm has a market capitalization of C$554.25 million, a P/E ratio of -19.20 and a beta of 1.49.

Insider Transactions at Rusoro Mining

In other news, Director Anthony John Beruschi sold 50,000 shares of Rusoro Mining stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of C$0.89, for a total value of C$44,500.00. Over the last ninety days, insiders have sold 184,000 shares of company stock worth $158,830. Company insiders own 30.54% of the company’s stock.

About Rusoro Mining

(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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