Goldbank Mining (CVE:GLB) Hits New 12-Month Low – What’s Next?

Goldbank Mining Co. (CVE:GLBGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.27 and last traded at C$0.27, with a volume of 625 shares changing hands. The stock had previously closed at C$0.34.

Goldbank Mining Stock Down 20.6%

The company has a market cap of C$51.96 million, a PE ratio of -9.00 and a beta of -0.07. The company has a 50-day moving average of C$0.34 and a 200-day moving average of C$0.38.

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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