Alliance Mining (CVE:ALM) Reaches New 1-Year High – Here’s What Happened

Alliance Mining Corp. (CVE:ALMGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.29 and last traded at C$0.29, with a volume of 38000 shares traded. The stock had previously closed at C$0.21.

Alliance Mining Stock Performance

The stock has a 50-day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.13. The firm has a market cap of C$2.53 million, a PE ratio of -2.42 and a beta of 0.62.

About Alliance Mining

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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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