Alliance Mining Corp. (CVE:ALM – Get Free Report)’s share price rose 20% on Thursday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 3,000 shares were traded during mid-day trading, a decline of 63% from the average session volume of 8,034 shares. The stock had previously closed at C$0.25.
Alliance Mining Stock Performance
The business’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.24. The company has a market cap of C$2.75 million, a PE ratio of -3.33 and a beta of 1.33.
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. The company was incorporated in 2002 and is headquartered in Vancouver, Canada.
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