Insider Selling: Rusoro Mining Ltd. (CVE:RML) Director Sells 116,800 Shares of Stock

Rusoro Mining Ltd. (CVE:RML) Director Jay Kaplowitz sold 116,800 shares of Rusoro Mining stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$1.35, for a total value of C$157,680.00.

Rusoro Mining Stock Performance

Shares of CVE RML traded down C$0.01 during midday trading on Tuesday, reaching C$1.34. 336,123 shares of the company traded hands, compared to its average volume of 814,187. The firm has a market cap of C$822.77 million, a PE ratio of -26.80 and a beta of 1.31. The stock’s 50-day simple moving average is C$1.37 and its 200-day simple moving average is C$1.30. Rusoro Mining Ltd. has a 12 month low of C$0.37 and a 12 month high of C$1.54.

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.