Insider Buying: Rusoro Mining (CVE:RML) Director Acquires C$55,000.00 in Stock

Rusoro Mining Ltd. (CVE:RML) Director Andre Vladimir Agapov purchased 50,000 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were acquired at an average price of C$1.10 per share, for a total transaction of C$55,000.00. Following the purchase, the director directly owned 61,180,367 shares of the company’s stock, valued at approximately C$67,298,403.70. This represents a 0.08% increase in their ownership of the stock.

Andre Vladimir Agapov also recently made the following trade(s):

• On Tuesday, May 5th, Andre Vladimir Agapov purchased 100,000 shares of Rusoro Mining stock. The stock was acquired at an average cost of C$1.05 per share, for a total transaction of C$105,000.00.

Rusoro Mining Stock Performance

Shares of RML stock opened at C$1.04 on Friday. The firm has a fifty day moving average of C$1.11 and a 200-day moving average of C$1.11. The stock has a market cap of C$660.42 million, a price-to-earnings ratio of -2.42 and a beta of 0.14. Rusoro Mining Ltd. has a 52-week low of C$0.85 and a 52-week high of C$1.45.

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.