Rusoro Mining Ltd. (CVE:RML – Get Free Report)’s share price fell 9.6% on Friday . The company traded as low as C$0.75 and last traded at C$0.75. 72,530 shares were traded during mid-day trading, an increase of 5% from the average session volume of 69,363 shares. The stock had previously closed at C$0.83.
Rusoro Mining Price Performance
The business’s 50-day moving average is C$0.79 and its two-hundred day moving average is C$1.11. The firm has a market cap of C$460.51 million, a P/E ratio of -15.00 and a beta of 1.27.
About Rusoro Mining
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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