Alliance Mining (CVE:ALM) Stock Falls 5.7% – Here’s What Happened

Alliance Mining Corp. (CVE:ALM – Get Free Report)’s share price traded down 5.7% on Monday. The stock traded as low as C$0.33 and last traded at C$0.33. Approximately 1,000 shares traded hands 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 Down 5.7%

The firm’s 50 day simple moving average is C$0.33 and its 200-day simple moving average is C$0.29. The company has a market capitalization of C$3.45 million, a PE ratio of -4.12 and a beta of 0.79.

About Alliance Mining

(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.

See Also

Receive News & Ratings for Alliance Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Mining and related companies with MarketBeat.com's FREE daily email newsletter.