Rusoro Mining (CVE:RML) Trading Down 2.6% – Time to Sell?

Rusoro Mining Ltd. (CVE:RMLGet Free Report) was down 2.6% during trading on Tuesday . The stock traded as low as C$1.03 and last traded at C$1.11. Approximately 151,792 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 216,708 shares. The stock had previously closed at C$1.14.

Rusoro Mining Stock Performance

The stock has a market cap of C$673.77 million, a price-to-earnings ratio of -8.31 and a beta of 0.64. The business has a 50-day simple moving average of C$1.25 and a two-hundred day simple moving average of C$1.06.

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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