Shares of Rusoro Mining Ltd. (CVE:RML – Get Free Report) traded up 16.5% on Monday . The stock traded as high as C$1.05 and last traded at C$0.99. 523,408 shares traded hands during trading, an increase of 314% from the average session volume of 126,321 shares. The stock had previously closed at C$0.85.
Rusoro Mining Trading Up 10.6 %
The company has a market cap of C$412.45 million, a P/E ratio of -8.89 and a beta of 1.27. The company’s 50-day moving average price is C$0.77 and its two-hundred day moving average price is C$0.93.
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.
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