Alliance Mining (CVE:ALM) Trading Up 76.5% – Still a Buy?

Shares of Alliance Mining Corp. (CVE:ALMGet Free Report) were up 76.5% on Monday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 100,000 shares were traded during trading, an increase of 414% from the average daily volume of 19,448 shares. The stock had previously closed at C$0.09.

Alliance Mining Price Performance

The business has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.18. The company has a market cap of C$1.31 million, a P/E ratio of -1.25 and a beta of 0.62.

Alliance Mining Company Profile

(Get Free Report)

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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