Alliance Mining Corp. (CVE:ALM – Get Free Report) shares shot up 128.6% during trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. 217,010 shares traded hands during trading, an increase of 854% from the average session volume of 22,753 shares. The stock had previously closed at C$0.11.
Alliance Mining Price Performance
The stock has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.19. The firm has a market capitalization of C$2.10 million, a P/E ratio of -2.40 and a beta of -0.85.
Alliance Mining Company Profile
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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