Goldbank Mining (CVE:GLB) Stock Price Down 1% – What’s Next?

Goldbank Mining Co. (CVE:GLBGet Free Report) dropped 1% on Friday . The stock traded as low as C$0.48 and last traded at C$0.48. Approximately 1,000 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 4,869 shares. The stock had previously closed at C$0.49.

Goldbank Mining Price Performance

The company has a market capitalization of C$92.12 million, a PE ratio of -48.00 and a beta of 0.46. The company’s fifty day moving average is C$0.40 and its 200-day moving average is C$0.42.

About Goldbank Mining

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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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