Alliance Mining (CVE:ALM) Reaches New 12-Month High – Here’s What Happened

Shares of Alliance Mining Corp. (CVE:ALM) reached a new 52-week high on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.31, with a volume of 4000 shares traded. The stock had previously closed at C$0.25.

Alliance Mining Stock Performance

The stock has a 50-day simple moving average of C$0.19 and a 200 day simple moving average of C$0.18. The stock has a market capitalization of C$2.19 million, a P/E ratio of -5.00 and a beta of 0.29.

Alliance Mining Company Profile

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.