Rusoro Mining (CVE:RML) Reaches New 12-Month High at $1.31

Rusoro Mining Ltd. (CVE:RML) hit a new 52-week high on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.28, with a volume of 688473 shares. The stock had previously closed at C$1.25.

Rusoro Mining Stock Up 2.4 %

The company has a fifty day moving average of C$1.18 and a two-hundred day moving average of C$0.86. The stock has a market capitalization of C$739.00 million, a price-to-earnings ratio of -25.40 and a beta of 1.40.

Insider Transactions at Rusoro Mining

In other news, Director Vladimir Pavlovich Agapov sold 108,600 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$1.25, for a total transaction of C$135,532.80. In related news, Director Vladimir Pavlovich Agapov sold 108,600 shares of Rusoro Mining stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of C$1.25, for a total value of C$135,532.80. Also, Director Gordon Keep sold 140,000 shares of the company’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of C$1.02, for a total transaction of C$142,800.00. In the last quarter, insiders sold 898,600 shares of company stock worth $1,088,268. Company insiders own 30.02% of the company’s stock.

Rusoro Mining Company Profile

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.