Rusoro Mining Ltd (CVE:RML) Company Profile
Symbol(s): CVE:RML, OTCMKTS:RMLFF
Industry: Gold Mining
Website: www.rusoro.com
eMail: info@rusoro.com
Rusoro Mining Ltd (CVE:RML) is a Canadian Gold mining company. It’s a junior mainly focused on exploration and development of mineral properties in Venezuela. The company has multiple properties including Choco 10 (El Callao, Venezuela), Isidora (El Dorado, Venezuela), SREP (El Dorado, Venezuela), Ceiba (El Dorado, Venezuela), Emilia (El Dorado, Venezuela), Trinidad (El Dorado, Venezuela), Valle Hondo (Cuyuni, Venezuela) and Yuruan (El Dorado, Venezuela).
Rusoro Mining Ltd (CVE:RML) has about 17 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$2.737 per gold equivalent ounce, which in our opinion is very low compared to other gold mining companies.
Rusoro Mining Ltd has US$0.04 million cash and US$30 million debt. The company has 544.81 million shares outstanding and as of September 01, 2020, had a market capitalization of US$16.56 million. The stocks of Rusoro Mining Ltd trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.
Rusoro Mining Ltd (CVE:RML) Share Price Chart
Rusoro Mining Ltd (CVE:RML) Technical Data
Last Updated: September 2, 2020
Rusoro Mining Ltd (CVE:RML) Financial Data
Rusoro Mining Ltd (CVE:RML) Gold Resources
Rusoro Mining Ltd (CVE:RML) Valuation by Resources
* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources