Goldbank Mining (CVE:GLB) Shares Up 13.4% – Time to Buy?

Shares of Goldbank Mining Co. (CVE:GLBGet Free Report) were up 13.4% during mid-day trading on Wednesday . The stock traded as high as C$0.38 and last traded at C$0.38. 1,000 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 9,576 shares. The stock had previously closed at C$0.34.

Goldbank Mining Stock Performance

The firm has a market cap of C$73.13 million, a PE ratio of -12.67 and a beta of 0.81. The firm has a fifty day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.31.

Goldbank Mining Company Profile

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Goldbank Mining Corporation engages in the exploration and development of mineral properties. The company primarily explores for gold deposits. It holds a 100% interest in the Leota gold project, a block of hard rock mining claims of gold properties located in the Klondike region of the Yukon Territory, Canada; and the Hasenfuss Quartz mineral claims situated in the Klondike region. The company was formerly known as Ballad Gold & Silver Ltd. and changed its name to Goldbank Mining Corporation in January 2009.

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