Alliance Mining (CVE:ALM) Hits New 1-Year High – Time to Buy?

Alliance Mining Corp. (CVE:ALMGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.21 and last traded at C$0.21, with a volume of 2500 shares trading hands. The stock had previously closed at C$0.20.

Alliance Mining Stock Performance

The firm has a market cap of C$1.84 million, a price-to-earnings ratio of -1.75 and a beta of 0.62. The company has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.11.

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.

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