Alliance Mining (CVE:ALM) Stock Falls 5.7% – What’s Next?

Shares of Alliance Mining Corp. (CVE:ALM – Get Free Report) traded down 5.7% during trading on Monday. The stock traded as low as C$0.33 and last traded at C$0.33. Approximately 1,000 shares were traded during mid-day trading, a decline of 85% from the average session volume of 6,865 shares. The stock had previously closed at C$0.35.

Alliance Mining Stock Performance

The stock has a market capitalization of C$3.45 million, a P/E ratio of -4.12 and a beta of 0.79. The company has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.29.

Alliance Mining Company Profile

(Get Free Report)

Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds 50% interest in the Greenbelt Property comprising 27 contiguous mining claims covering an area of 410 hectares located south of Bissett, Manitoba. It also has an option agreement to purchase a 100% interest in the Moose Gold Property located in the Bisset Gold Mining Camp, Manitoba. The company was incorporated in 2002 and is headquartered in Vancouver, Canada.

Further Reading

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