Goldbank Mining Co. (CVE:GLB – Get Free Report)’s share price traded down 21.6% during trading on Friday . The stock traded as low as C$0.38 and last traded at C$0.38. 2,000 shares traded hands during trading, a decline of 84% from the average session volume of 12,567 shares. The stock had previously closed at C$0.49.
Goldbank Mining Stock Down 21.6%
The business has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.39. The stock has a market cap of C$72.93 million, a price-to-earnings ratio of -38.00 and a beta of 0.59.
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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