Shares of Goldbank Mining Co. (CVE:GLB – Get Free Report) traded down 34.2% on Wednesday. The company traded as low as C$0.20 and last traded at C$0.25. Approximately 110,000 shares were traded during mid-day trading, an increase of 770% from the average session volume of 12,648 shares. The stock had previously closed at C$0.38.
Goldbank Mining Price Performance
The firm has a market capitalization of C$55.81 million, a PE ratio of -9.67 and a beta of 0.39. The firm has a 50-day simple moving average of C$0.34 and a 200-day simple moving average of C$0.31.
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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