TSX-V

Goldbank Mining Corporation

GLB.V•Basic Materials•Gold
Current Price
$0.23
Today's Change
+0.00%
Market Cap
$44.26M
Volume
3.00
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Goldbank Mining Corporation is focused on exploring and developing gold deposits, primarily through its 100% interest in the Leota gold project. A significant concern is its low current ratio of 0.02, indicating potential liquidity issues, alongside a negative return on assets of -11.0%, suggesting inefficiency in asset utilization. While the market cap of $44.26M may attract interest, the stagnant price movement and lack of financial health metrics raise caution for potential investors. Overall, the company presents both exploration potential and financial vulnerabilities.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.49
52 Week Low$0.19
Avg Volume3.22K
Beta0.74
Shares Outstanding192.45M

🔥 Valuation

Market Cap$44.26M
Enterprise Value$45.03M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $191K in cash but burned $346K last quarter. At this burn rate, only 0.6 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-2.8M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.4M over the last year.

🌟 Opportunities

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Strong balance sheet with net cash position provides cushion for growth investments.

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