Rusoro Mining Ltd. (CVE:RML – Get Free Report) shares were up 18.3% during mid-day trading on Monday . The stock traded as high as C$1.24 and last traded at C$1.10. Approximately 3,911,266 shares changed hands during trading, an increase of 246% from the average daily volume of 1,130,899 shares. The stock had previously closed at C$0.93.
Rusoro Mining Stock Performance
The firm has a fifty day moving average price of C$1.06 and a 200 day moving average price of C$1.14. The company has a market cap of C$658.09 million, a price-to-earnings ratio of -13.13 and a beta of -0.32.
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. in November 2006. The company is headquartered in Vancouver, Canada.
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