Shares of Alliance Mining Corp. (CVE:ALM – Get Free Report) rose 40% during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 1,000 shares changed hands during trading, a decline of 97% from the average daily volume of 34,833 shares. The stock had previously closed at C$0.10.
Alliance Mining Trading Up 40.0 %
The company has a market cap of C$1.22 million, a price-to-earnings ratio of -2.00 and a beta of 0.66. The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.09.
About Alliance Mining
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.
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