Alliance Mining (CVE:ALM) Trading Up 56.3%

Alliance Mining Corp. (CVE:ALM – Get Rating)’s share price was up 56.3% on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 25,300 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 19,257 shares. The stock had previously closed at C$0.16.

Alliance Mining Stock Performance

The stock has a market capitalization of C$2.19 million, a P/E ratio of -5.00 and a beta of 0.22. The company’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.16.

About Alliance Mining

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Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option agreement to acquire a 100% interest in the Red Rice Lake property comprising 14 mineral claims located in the Bissett Gold Mine Camp in Manitoba; and Moose Gold Property located in the Bissett Rice Lake district of Southern Manitoba.