Goldbank Mining (CVE:GLB) Trading Down 22.2% – Should You Sell?

Shares of Goldbank Mining Co. (CVE:GLBGet Free Report) were down 22.2% during trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 1,400 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 11,302 shares. The stock had previously closed at C$0.23.

Goldbank Mining Price Performance

The firm has a market cap of C$29.89 million, a price-to-earnings ratio of -8.75 and a beta of 0.47. The company’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.19.

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.

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