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

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

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

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

Rusoro Mining Price Performance

Shares of CVE RML traded down C$0.01 during mid-day trading on Tuesday, reaching C$1.09. 282,642 shares of the company traded hands, compared to its average volume of 550,667. Rusoro Mining Ltd. has a fifty-two week low of C$0.85 and a fifty-two week high of C$1.45. The firm has a market cap of C$692.18 million, a PE ratio of -2.53 and a beta of 0.14. The stock has a fifty day simple moving average of C$1.11 and a 200-day simple moving average of C$1.11.

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.