Rusoro Mining (CVE:RML) Stock Price Down 9.6% – What’s Next?

Rusoro Mining Ltd. (CVE:RMLGet Free Report) shares were down 9.6% during mid-day trading on Friday . The stock traded as low as C$0.75 and last traded at C$0.75. Approximately 72,530 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 69,363 shares. The stock had previously closed at C$0.83.

Rusoro Mining Stock Down 9.6 %

The company has a market capitalization of C$460.51 million, a P/E ratio of -15.00 and a beta of 1.27. The business has a fifty day moving average price of C$0.79 and a 200 day moving average price of C$1.11.

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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