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Banyan Gold (CVE:BYN) Hits New 12-Month High - Should You Buy?

Banyan Gold logo with Basic Materials background

Banyan Gold Corp. (CVE:BYN - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.26, with a volume of 634494 shares traded. The stock had previously closed at C$0.27.

Banyan Gold Price Performance

The company has a fifty day moving average of C$0.24 and a 200-day moving average of C$0.23. The firm has a market capitalization of C$85.76 million, a PE ratio of -17.74 and a beta of 1.59.

About Banyan Gold

(Get Free Report)

Banyan Gold Corp. engages in the exploration and development of precious metals. The company explores for gold and silver deposits. It holds 100% interest in the AurMac project that consists of 506 quartz mineral claims covering an area of approximately 9,230 hectares located in the Mayo Mining District, Yukon Territory; Hyland gold project comprises of 927 quartz mineral claims covering an area of totaling 18,620 hectares located in the Watson Lake Mining District, Yukon Territory; and Nitra gold project, which consists of 1,442 claims covering an area of approximately 296 square kilometers located in the Mayo Mining District, Yukon Territory.

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