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Goldbank Mining (CVE:GLB) Hits New 12-Month High - Should You Buy?

Goldbank Mining logo with Basic Materials background

Key Points

  • Goldbank Mining reached a new 52-week high of C$0.46 during trading, closing last at C$0.44 with a trading volume of 10,005 shares.
  • The company has a market cap of C$75.16 million and reported a price-to-earnings ratio of -22.00.
  • Goldbank Mining primarily focuses on the exploration of gold deposits, holding a 100% interest in the Leota gold project in the Klondike region of the Yukon Territory, Canada.
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Goldbank Mining Co. (CVE:GLB - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$0.46 and last traded at C$0.44, with a volume of 10005 shares trading hands. The stock had previously closed at C$0.46.

Goldbank Mining Trading Up 4.5%

The business has a 50 day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.27. The stock has a market cap of C$78.58 million, a price-to-earnings ratio of -23.00 and a beta of 0.47.

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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