Rusoro Mining (CVE:RML) Reaches New 1-Year High at $1.42

Shares of Rusoro Mining Ltd. (CVE:RML) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.42 and last traded at C$1.38, with a volume of 325050 shares changing hands. The stock had previously closed at C$1.40.

Rusoro Mining Stock Performance

The company has a market cap of C$824.96 million, a price-to-earnings ratio of -28.40 and a beta of 1.39. The business’s 50 day moving average price is C$1.22 and its 200-day moving average price is C$0.92.

Insider Activity

In other Rusoro Mining news, Director Anthony John Beruschi acquired 40,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was bought at an average price of C$1.13 per share, for a total transaction of C$45,200.00. In other news, Director Anthony John Beruschi bought 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average price of C$1.13 per share, for a total transaction of C$45,200.00. Also, Director Vladimir Pavlovich Agapov sold 315,000 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of C$1.24, for a total transaction of C$390,285.00. In the last 90 days, insiders sold 969,300 shares of company stock worth $1,239,584. 30.66% of the stock is currently owned by corporate insiders.

About Rusoro Mining

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.