Rusoro Mining (CVE:RML) Shares Down 3.3% – Should You Sell?

Rusoro Mining Ltd. (CVE:RML)’s stock price traded down 3.3% on Monday . The stock traded as low as C$1.16 and last traded at C$1.16. 204,308 shares traded hands during trading, a decline of 84% from the average session volume of 1,316,960 shares. The stock had previously closed at C$1.20.

Rusoro Mining Trading Down 3.3%

The stock has a market capitalization of C$727.03 million, a PE ratio of -14.50 and a beta of -0.32. The stock’s fifty day simple moving average is C$1.09 and its 200-day simple moving average is C$1.16.

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. in November 2006. The company is headquartered in Vancouver, Canada.