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Goldbank Mining (CVE:GLB) Hits New 52-Week High - Here's Why

Goldbank Mining logo with Basic Materials background

Key Points

  • Goldbank Mining's share price reached a new 52-week high of C$0.46, with a trading volume of 6005 shares on Tuesday.
  • The company has a market capitalization of C$78.58 million and a PE ratio of -23.00, indicating some financial inefficiencies.
  • Goldbank Mining primarily focuses on exploring gold deposits through projects in the Yukon Territory, holding 100% interest in notable claims like the Leota gold project.
  • Need better tools to track Goldbank Mining? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Goldbank Mining Co. (CVE:GLB - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.46, with a volume of 6005 shares trading hands. The stock had previously closed at C$0.44.

Goldbank Mining Price Performance

The company has a market capitalization of C$78.58 million, a PE ratio of -23.00 and a beta of 0.47. The company's 50 day simple moving average is C$0.34 and its 200 day simple moving average is C$0.27.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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