Goldbank Mining (CVE:GLB) Trading Down 3.8% - Should You Sell?

Key Points

• Goldbank Mining shares decreased by 3.8%, trading at C$0.50, with a significant 90% drop in midday trading volume compared to the average.
• The company's market capitalization is C$95.96 million, and it currently has a negative PE ratio of -50.00, indicating financial challenges.
• Goldbank Mining focuses on exploring gold deposits in the Klondike region of the Yukon Territory, holding a 100% interest in the Leota gold project.

Shares of Goldbank Mining Co. (CVE:GLB - ) traded down 3.8% during trading on Friday . The stock traded as low as C$0.50 and last traded at C$0.50. 1,501 shares were traded during mid-day trading, a decline of 90% from the average session volume of 14,945 shares. The stock had previously closed at C$0.52.

Goldbank Mining Stock Down 3.8%

The firm's fifty day moving average price is C$0.42 and its 200 day moving average price is C$0.32. The stock has a market cap of C$95.96 million, a PE ratio of -50.00 and a beta of 0.76.

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.

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