Alliance Mining Corp. (CVE:ALM – Get Free Report)’s stock price dropped 5.7% during trading on Monday. The company traded as low as C$0.33 and last traded at C$0.33. Approximately 1,000 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 6,865 shares. The stock had previously closed at C$0.35.
Alliance Mining Price Performance
The company has a 50-day moving average price of C$0.33 and a 200 day moving average price of C$0.29. The firm has a market capitalization of C$3.45 million, a PE ratio of -4.12 and a beta of 0.79.
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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