Rusoro Mining (CVE:RML) Trading 18.8% Higher – Time to Buy?

Rusoro Mining Ltd. (CVE:RMLGet Free Report) traded up 18.8% on Monday . The stock traded as high as C$1.05 and last traded at C$1.01. 444,508 shares traded hands during trading, an increase of 260% from the average session volume of 123,603 shares. The stock had previously closed at C$0.85.

Rusoro Mining Stock Up 1.1 %

The firm has a market capitalization of C$416.84 million, a PE ratio of -8.98 and a beta of 1.27. The stock has a 50-day simple moving average of C$0.77 and a 200-day simple moving average of C$0.92.

Rusoro Mining Company Profile

(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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