Banyan Gold (CVE:BYN) Sets New 1-Year High - What's Next?

Key Points

• Banyan Gold Corp. (CVE:BYN) reached a new 52-week high, trading as high as C$0.40 during mid-day trading, closing at C$0.39.
• The company has a market capitalization of C$133.59 million and engages in the exploration and development of precious metals, including gold and silver.
• Banyan Gold holds significant interests in multiple projects in Yukon, including the AurMac, Hyland, and Nitra gold projects.

Banyan Gold Corp. (CVE:BYN - ) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.39, with a volume of 1351880 shares. The stock had previously closed at C$0.36.

Banyan Gold Stock Performance

The firm has a market capitalization of C$133.59 million, a price-to-earnings ratio of -27.63 and a beta of 1.59. The firm has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.26.

Banyan Gold Company Profile

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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