Rusoro Mining (CVE:RML) Stock Price Up 18.3% – Here’s What Happened

Rusoro Mining Ltd. (CVE:RMLGet Free Report)’s stock price traded 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. 3,911,266 shares were traded during trading, an increase of 246% from the average session volume of 1,130,899 shares. The stock had previously closed at C$0.93.

Rusoro Mining Stock Performance

The stock has a market capitalization of C$658.09 million, a PE ratio of -13.13 and a beta of -0.32. The company’s fifty day simple moving average is C$1.06 and its two-hundred day simple moving average is C$1.14.

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. in November 2006. The company is headquartered in Vancouver, Canada.

Further Reading

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