Alliance Mining (ALM) Reaches New 12-Month Low at $0.01

Alliance Mining Corp (CVE:ALM) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 87500 shares traded. The stock had previously closed at C$0.02.

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About Alliance Mining (CVE:ALM)

Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It holds an option agreement to acquire a 100% interest in the Red Rice Lake property comprising 4 non-contiguous claims covering an area of 801 hectares located in the Bissett Gold Mine Camp in Manitoba.

Further Reading: What is Considered a Good Return on Equity (ROE)?

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