Goldbank Mining Co. (CVE:GLB – Get Free Report) was down 18.9% on Thursday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 114,035 shares changed hands during mid-day trading, an increase of 750% from the average daily volume of 13,421 shares. The stock had previously closed at C$0.37.
Goldbank Mining Price Performance
The firm has a market cap of C$65.25 million, a price-to-earnings ratio of -34.00 and a beta of -0.38. The business has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.43.
About Goldbank Mining
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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