Alliance Mining Corp. (CVE:ALM – Get Free Report) was up 64.7% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 40,000 shares traded hands during mid-day trading, an increase of 95% from the average daily volume of 20,500 shares. The stock had previously closed at C$0.09.
Alliance Mining Price Performance
The stock’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10. The stock has a market capitalization of C$1.22 million, a price-to-earnings ratio of -1.17 and a beta of 0.62.
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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