Goldbank Mining Financials

GLB Stock  CAD 0.23  0.01  4.17%   
We strongly advise to harness Goldbank Mining fundamental analysis to find out if markets are presently mispricing the company. Simply put you can make use of it to find out if Goldbank Mining Corp is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-five available reported financial drivers for Goldbank Mining Corp, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Goldbank Mining to be traded at C$0.2185 in 90 days. Key indicators impacting Goldbank Mining's financial strength include:
Short Ratio
0.24
  
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
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA38076A2056
Business Address889 West Pender
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.goldbankmining.com
Phone604 683 3288
CurrencyCAD - 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.

Goldbank Mining Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.4M6.0M5.5M5.7M6.1M5.5M
Other Current Liab8.5M2.1M2.3M2.6M3.0M2.8M
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 Payable115.1K6.4M7.7M11.2K574.7K546.0K
Cash293.6K496.5K19.6K44.9K21.9K20.8K
Net Receivables15.1K23.8K33.2K54.6K70.7K38.3K
Total Liab8.7M10.0M11.4M11.9M12.2M9.0M
Short Long Term Debt1K34K8.1K5K4.5K4.3K
Total Current Assets401.5K888.4K402.6K287.9K256.9K347.2K
Common Stock22.6M23.1M23.7M24.2M27.8M23.4M
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

201920202021202220232024 (projected)
Interest Expense348.4K1.3M1.6M2.0M2.0M2.1M
Selling General Administrative254.6K212.0K68.2K85.7K597.5K627.3K
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 Revenue529.0476.0429.02.3K3.1K5.4K
Total Operating Expenses260.7K217.1K203.8K295.9K809.1K411.3K
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

201920202021202220232024 (projected)
Change In Cash285.4K202.9K(476.9K)25.3K(23.0K)(21.9K)
Net Borrowings(232.9K)(109.6K)(49.9K)33K29.7K31.2K
Capital Expenditures37.5K5.5K12.9K11.9K314.9K330.6K
Net Income(734.5K)(1.2M)(1.8M)(2.4M)(2.9M)(2.7M)
Change To Netincome(133.0K)75K125.4K(264.3K)(237.8K)(225.9K)
Investments(21.3K)(13.1K)(12.9K)(11.9K)(314.9K)(299.1K)
End Period Cash Flow293.6K496.5K19.6K44.9K21.9K20.8K
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.

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.