NEW YORK ( TheStreet) -- Alliance Holdings GP (Nasdaq: AHGP) hit a new 52-week high Tuesday as it traded at $57.11 compared with its previous 52-Week high of $56.36. Alliance Holdings GP is changing hands at $56.50 with 71,334 shares traded as of 11:21 a.m. ET. Average volume has been 50,800 shares over the past 30 days. Alliance Holdings GP has a market cap of $3.2 billion and is part of the basic materials sector and metals & mining industry. Shares are up 14.9% year to date as of the close of trading on Monday. Alliance Holdings GP, L.P., through its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It produces a range of steam coal with varying sulfur and heat contents. The company has a P/E ratio of 18.6, below the average metals & mining industry P/E ratio of 21.2 and below the S&P 500 P/E ratio of 23.3. TheStreet Ratings rates Alliance Holdings GP as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Alliance Holdings GP Ratings Report.