Goldbank Mining (CVE:GLB) Shares Up 4.5% - What's Next?

Key Points

• Goldbank Mining Co. (CVE:GLB) saw its stock price increase by 4.5% to C$0.46, although trading volume was 49% lower than its average sessions.
• The company has a market capitalization of C$78.58 million and a price-to-earnings ratio of -23.00, indicating a potential area of interest for investors.
• Goldbank Mining focuses on the exploration of gold deposits and holds 100% interest in the Leota gold project in the Yukon Territory.

Shares of Goldbank Mining Co. (CVE:GLB - Get Free Report) were up 4.5% on Friday . The company traded as high as C$0.46 and last traded at C$0.46. Approximately 8,314 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 16,352 shares. The stock had previously closed at C$0.44.

Goldbank Mining Stock Performance

The stock has a fifty day simple moving average of C$0.34 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

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.