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Banyan Gold (CVE:BYN) Sets New 1-Year High - Time to Buy?

Banyan Gold logo with Basic Materials background

Banyan Gold Corp. (CVE:BYN - Get Free Report)'s share price reached a new 52-week high during 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. The stock had previously closed at C$0.27.

Banyan Gold Price Performance

The stock has a market capitalization of C$84.11 million, a price-to-earnings ratio of -17.40 and a beta of 1.59. The firm has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.23.

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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