Alliance Mining Corp. (CVE:ALM – Get Free Report)’s stock price rose 16.7% on Thursday. The company traded as high as C$0.35 and last traded at C$0.35. 5,000 shares traded hands during trading, a decline of 29% from the average daily volume of 7,054 shares. The stock had previously closed at C$0.30.
Alliance Mining Stock Up 16.7%
The firm’s 50 day moving average is C$0.32 and its two-hundred day moving average is C$0.29. The stock has a market cap of C$3.66 million, a price-to-earnings ratio of -4.38 and a beta of 1.29.
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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