Goldbank Mining (CVE:GLB) Trading Down 1.3% – What’s Next?

Goldbank Mining Co. (CVE:GLBGet Free Report) shares were down 1.3% during trading on Friday . The company traded as low as C$0.37 and last traded at C$0.37. Approximately 10,722 shares were traded during trading, an increase of 21% from the average daily volume of 8,861 shares. The stock had previously closed at C$0.38.

Goldbank Mining Stock Performance

The company has a market cap of C$71.01 million, a price-to-earnings ratio of -37.00 and a beta of 0.46. The company’s 50 day moving average price is C$0.39 and its 200 day moving average price is C$0.40.

Goldbank Mining Company Profile

(Get Free Report)

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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