Goldbank Mining Corp Stock Performance
| GLB Stock | CAD 0.18 0.00 0.00% |
Goldbank Mining holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -3.27, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Goldbank Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Goldbank Mining is expected to outperform it. Use Goldbank Mining Corp potential upside, rate of daily change, and the relationship between the treynor ratio and expected short fall , to analyze future returns on Goldbank Mining Corp.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Goldbank Mining Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Goldbank Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Last Split Date 2012-03-07 |
| Begin Period Cash Flow | 44.9 K |
Goldbank |
Goldbank Mining Relative Risk vs. Return Landscape
If you would invest 15.00 in Goldbank Mining Corp on September 12, 2024 and sell it today you would earn a total of 3.00 from holding Goldbank Mining Corp or generate 20.0% return on investment over 90 days. Goldbank Mining Corp is currently producing 1.0752% returns and takes up 13.8253% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Goldbank, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Goldbank Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldbank Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Goldbank Mining Corp, and traders can use it to determine the average amount a Goldbank Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0778
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GLB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Goldbank Mining is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goldbank Mining by adding it to a well-diversified portfolio.
Goldbank Mining Fundamentals Growth
Goldbank Stock prices reflect investors' perceptions of the future prospects and financial health of Goldbank Mining, and Goldbank Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goldbank Stock performance.
| Return On Asset | -0.0851 | ||||
| Current Valuation | 38.42 M | ||||
| Shares Outstanding | 170.82 M | ||||
| Price To Earning | (5.22) X | ||||
| Price To Book | 7.07 X | ||||
| Gross Profit | (4.6 K) | ||||
| EBITDA | (807.67 K) | ||||
| Net Income | (2.86 M) | ||||
| Cash And Equivalents | 387.11 K | ||||
| Total Debt | 5 K | ||||
| Debt To Equity | 8.85 % | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (2.21 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 6.09 M | ||||
| Retained Earnings | (37.63 M) | ||||
About Goldbank Mining Performance
Evaluating Goldbank Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Goldbank Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Goldbank Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Goldbank Mining Corporation engages in the exploration and development of mineral properties. Goldbank Mining Corporation was incorporated in 1967 and is based in Vancouver, Canada. Goldbank Mining operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Goldbank Mining Corp performance evaluation
Checking the ongoing alerts about Goldbank Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Goldbank Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goldbank Mining Corp is way too risky over 90 days horizon | |
| Goldbank Mining Corp has some characteristics of a very speculative penny stock | |
| Goldbank Mining Corp appears to be risky and price may revert if volatility continues | |
| Goldbank Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Goldbank Mining Corp has accumulated 5 K in total debt with debt to equity ratio (D/E) of 8.85, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goldbank Mining Corp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Goldbank Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldbank Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldbank Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldbank to invest in growth at high rates of return. When we think about Goldbank Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.86 M) with loss before overhead, payroll, taxes, and interest of (4.6 K). | |
| Goldbank Mining Corp has accumulated about 387.11 K in cash with (2.21 M) of positive cash flow from operations. | |
| Roughly 65.0% of Goldbank Mining shares are held by company insiders |
- Analyzing Goldbank Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Goldbank Mining's stock is overvalued or undervalued compared to its peers.
- Examining Goldbank Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Goldbank Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Goldbank Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Goldbank Mining's stock. These opinions can provide insight into Goldbank Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Goldbank Stock Analysis
When running Goldbank Mining's price analysis, check to measure Goldbank Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldbank Mining is operating at the current time. Most of Goldbank Mining's value examination focuses on studying past and present price action to predict the probability of Goldbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldbank Mining's price. Additionally, you may evaluate how the addition of Goldbank Mining to your portfolios can decrease your overall portfolio volatility.