Goldbank Mining Financials
GLB Stock | CAD 0.23 0.01 4.17% |
Short Ratio 0.24 |
Goldbank | Select Account or Indicator |
Understanding current and past Goldbank Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goldbank Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Goldbank Mining's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Goldbank Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goldbank Mining Corp. Check Goldbank Mining's Beneish M Score to see the likelihood of Goldbank Mining's management manipulating its earnings.
Goldbank Mining Stock Summary
Goldbank Mining competes with Global X, Financial, Rubicon Organics, Amazon CDR, and First Trust. 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.Foreign Associate | USA |
Specialization | Basic Materials, Materials |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA38076A2056 |
Business Address | 889 West Pender |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.goldbankmining.com |
Phone | 604 683 3288 |
Currency | CAD - Canadian Dollar |
You should never invest in Goldbank Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goldbank Stock, because this is throwing your money away. Analyzing the key information contained in Goldbank Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goldbank Mining Key Financial Ratios
There are many critical financial ratios that Goldbank Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goldbank Mining Corp reports annually and quarterly.Gross Profit | (4.6 K) | ||||
EBITDA | (807.67 K) | ||||
Net Income | (2.86 M) | ||||
Total Asset | 6.09 M | ||||
Retained Earnings | (37.63 M) |
Goldbank Mining Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.4M | 6.0M | 5.5M | 5.7M | 6.1M | 5.5M | |
Other Current Liab | 8.5M | 2.1M | 2.3M | 2.6M | 3.0M | 2.8M | |
Net Tangible Assets | (1.9M) | (3.5M) | (3.3M) | (4.1M) | (3.6M) | (3.5M) | |
Retained Earnings | (29.3M) | (30.5M) | (32.3M) | (34.8M) | (37.6M) | (39.5M) | |
Accounts Payable | 115.1K | 6.4M | 7.7M | 11.2K | 574.7K | 546.0K | |
Cash | 293.6K | 496.5K | 19.6K | 44.9K | 21.9K | 20.8K | |
Net Receivables | 15.1K | 23.8K | 33.2K | 54.6K | 70.7K | 38.3K | |
Total Liab | 8.7M | 10.0M | 11.4M | 11.9M | 12.2M | 9.0M | |
Short Long Term Debt | 1K | 34K | 8.1K | 5K | 4.5K | 4.3K | |
Total Current Assets | 401.5K | 888.4K | 402.6K | 287.9K | 256.9K | 347.2K | |
Common Stock | 22.6M | 23.1M | 23.7M | 24.2M | 27.8M | 23.4M | |
Net Invested Capital | (3.3M) | (4.0M) | (5.9M) | (6.2M) | (6.1M) | (6.4M) | |
Net Working Capital | (8.3M) | (9.1M) | (11.0M) | (11.7M) | (11.9M) | (12.5M) |
Goldbank Mining Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 348.4K | 1.3M | 1.6M | 2.0M | 2.0M | 2.1M | |
Selling General Administrative | 254.6K | 212.0K | 68.2K | 85.7K | 597.5K | 627.3K | |
Gross Profit | (529.0) | (476.0) | (429.0) | (2.3K) | (3.1K) | (3.3K) | |
Operating Income | (260.7K) | (217.1K) | (203.8K) | (295.9K) | (809.1K) | (768.6K) | |
Net Income From Continuing Ops | (734.5K) | (1.2M) | (1.8M) | (2.4M) | (2.9M) | (2.7M) | |
Ebit | (249.9K) | (257.0K) | (200.7K) | (193.2K) | (222.2K) | (233.3K) | |
Cost Of Revenue | 529.0 | 476.0 | 429.0 | 2.3K | 3.1K | 5.4K | |
Total Operating Expenses | 260.7K | 217.1K | 203.8K | 295.9K | 809.1K | 411.3K | |
Income Before Tax | (734.5K) | (1.2M) | (1.8M) | (2.4M) | (2.9M) | (2.7M) | |
Total Other Income Expense Net | (125.4K) | 264.3K | (17.6K) | (161.4K) | (23.7K) | (24.9K) | |
Net Income Applicable To Common Shares | (1.7M) | (2.1M) | (734.5K) | (1.2M) | (1.1M) | (1.2M) | |
Net Income | (734.5K) | (1.2M) | (1.8M) | (2.4M) | (2.9M) | (2.7M) | |
Net Interest Income | (348.4K) | (1.3M) | (1.6M) | (2.0M) | (2.0M) | (2.1M) | |
Ebitda | (385.6K) | 47.6K | (221.0K) | (455.0K) | (409.5K) | (430.0K) |
Goldbank Mining Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 285.4K | 202.9K | (476.9K) | 25.3K | (23.0K) | (21.9K) | |
Net Borrowings | (232.9K) | (109.6K) | (49.9K) | 33K | 29.7K | 31.2K | |
Capital Expenditures | 37.5K | 5.5K | 12.9K | 11.9K | 314.9K | 330.6K | |
Net Income | (734.5K) | (1.2M) | (1.8M) | (2.4M) | (2.9M) | (2.7M) | |
Change To Netincome | (133.0K) | 75K | 125.4K | (264.3K) | (237.8K) | (225.9K) | |
Investments | (21.3K) | (13.1K) | (12.9K) | (11.9K) | (314.9K) | (299.1K) | |
End Period Cash Flow | 293.6K | 496.5K | 19.6K | 44.9K | 21.9K | 20.8K | |
Free Cash Flow | (464.7K) | (310.6K) | (570.9K) | (2.1M) | (2.5M) | (2.4M) |
Goldbank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goldbank Mining's current stock value. Our valuation model uses many indicators to compare Goldbank Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldbank Mining competition to find correlations between indicators driving Goldbank Mining's intrinsic value. More Info.Goldbank Mining Corp is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goldbank Mining's earnings, one of the primary drivers of an investment's value.Goldbank Mining Corp Systematic Risk
Goldbank Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goldbank Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Goldbank Mining Corp correlated with the market. If Beta is less than 0 Goldbank Mining generally moves in the opposite direction as compared to the market. If Goldbank Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goldbank Mining Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goldbank Mining is generally in the same direction as the market. If Beta > 1 Goldbank Mining moves generally in the same direction as, but more than the movement of the benchmark.
Goldbank Mining Corp Total Assets Over Time
Goldbank Mining November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goldbank Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goldbank Mining Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goldbank Mining Corp based on widely used predictive technical indicators. In general, we focus on analyzing Goldbank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goldbank Mining's daily price indicators and compare them against related drivers.
Downside Deviation | 16.43 | |||
Information Ratio | 0.0739 | |||
Maximum Drawdown | 86.11 | |||
Value At Risk | (11.11) | |||
Potential Upside | 20.0 |
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.