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

Alliance Mining Corp. (CVE:ALMGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.20, with a volume of 500 shares trading hands. The stock had previously closed at C$0.17.

Alliance Mining Stock Up 17.6 %

The business’s fifty day moving average price is C$0.09 and its 200 day moving average price is C$0.09. The firm has a market capitalization of C$1.75 million, a PE ratio of -1.42 and a beta of 0.62.

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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