Rusoro Mining (CVE:RML) Director Acquires 31,200 Shares of Company Stock

Rusoro Mining Ltd. (CVE:RML) Director Andre Vladimir Agapov bought 31,200 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The shares were bought at an average cost of C$1.02 per share, for a total transaction of C$31,824.00. Following the completion of the acquisition, the director owned 61,220,867 shares of the company’s stock, valued at C$62,445,284.34. This trade represents a 0.05% increase in their ownership of the stock.

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

• On Thursday, October 15th, Andre Vladimir Agapov purchased 18,800 shares of Rusoro Mining stock. The shares were bought at an average price of C$1.02 per share, with a total value of C$19,176.00.

Rusoro Mining Price Performance

RML stock traded down C$0.07 during trading on Friday, hitting C$1.01. 158,100 shares of the company traded hands, compared to its average volume of 467,624. Rusoro Mining Ltd. has a 1 year low of C$0.85 and a 1 year high of C$1.33. The company has a market cap of C$646.68 million, a PE ratio of -2.52 and a beta of -0.17. The stock’s 50-day simple moving average is C$1.16 and its 200 day simple moving average is C$1.13.

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