Rusoro Mining (CVE:RML) Shares Down 9.6% – Time to Sell?

Rusoro Mining Ltd. (CVE:RMLGet Free Report)’s stock price fell 9.6% during mid-day trading 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 Stock Performance

The business has a 50 day moving average of C$0.79 and a two-hundred day moving average of C$1.12. The stock has a market capitalization of C$460.51 million, a PE ratio of -15.00 and a beta of 1.27.

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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