Goldbank Mining (CVE:GLB) Hits New 52-Week Low – Here’s What Happened

Goldbank Mining Co. (CVE:GLBGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.27 and last traded at C$0.27, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.28.

Goldbank Mining Stock Performance

The business’s 50 day moving average price is C$0.33 and its 200-day moving average price is C$0.37. The firm has a market capitalization of C$51.96 million, a PE ratio of -9.00 and a beta of 0.49.

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.

Further Reading

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