Goldbank Mining Co. (CVE:GLB – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.25, with a volume of 4911 shares trading hands. The stock had previously closed at C$0.34.
Goldbank Mining Stock Down 26.5%
The firm has a 50 day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.36. The stock has a market capitalization of C$48.11 million, a P/E ratio of -8.33 and a beta of 0.49.
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. The company was formerly known as Ballad Gold & Silver Ltd. and changed its name to Goldbank Mining Corporation in January 2009.
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