Alliance Mining (CVE:ALM) Trading 128.6% Higher – What’s Next?

Alliance Mining Corp. (CVE:ALMGet Free Report)’s stock price traded up 128.6% on Tuesday . The stock traded as high as C$0.24 and last traded at C$0.24. 217,010 shares changed hands during trading, an increase of 854% from the average session volume of 22,753 shares. The stock had previously closed at C$0.11.

Alliance Mining Stock Up 128.6%

The stock has a market capitalization of C$2.10 million, a price-to-earnings ratio of -2.40 and a beta of -0.85. The firm has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.19.

Alliance Mining Company Profile

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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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