Shares of Rusoro Mining Ltd. (CVE:RML – Get Free Report) rose 17.6% during trading on Monday . The stock traded as high as C$1.01 and last traded at C$1.00. Approximately 285,508 shares were traded during mid-day trading, an increase of 142% from the average daily volume of 117,853 shares. The stock had previously closed at C$0.85.
Rusoro Mining Stock Performance
The firm has a market capitalization of C$416.84 million, a price-to-earnings ratio of -8.98 and a beta of 1.27. The firm has a fifty day moving average price of C$0.77 and a 200 day moving average price of C$0.92.
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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