Alliance Mining (CVE:ALM) Shares Up 40%

Alliance Mining Corp. (CVE:ALMGet Free Report) traded up 40% on Monday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 1,000 shares traded hands during trading, a decline of 97% from the average session volume of 34,833 shares. The stock had previously closed at C$0.10.

Alliance Mining Stock Performance

The firm has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09. The company has a market capitalization of C$1.22 million, a P/E ratio of -2.00 and a beta of 0.66.

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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