Rusoro Mining Ltd. (CVE:RML – Get Free Report) shares shot up 17.6% during trading on Monday . The stock traded as high as C$1.01 and last traded at C$1.00. 285,508 shares traded hands during mid-day trading, an increase of 142% from the average session volume of 117,853 shares. The stock had previously closed at C$0.85.
Rusoro Mining Stock Up 15.3 %
The firm has a market capitalization of C$430.00 million, a PE ratio of -9.27 and a beta of 1.27. The firm’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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