Goldbank Mining (CVE:GLB) Shares Down 1% – Should You Sell?

Goldbank Mining Co. (CVE:GLB – Get Free Report) shares were down 1% during mid-day trading on Friday . The company traded as low as C$0.48 and last traded at C$0.48. Approximately 1,000 shares were traded during trading, a decline of 79% from the average daily volume of 4,869 shares. The stock had previously closed at C$0.49.

Goldbank Mining Stock Performance

The company’s 50-day moving average price is C$0.40 and its two-hundred day moving average price is C$0.42. The stock has a market cap of C$92.12 million, a PE ratio of -48.00 and a beta of 0.46.

About Goldbank Mining

(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. 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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