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Banyan Gold (CVE:BYN) Reaches New 52-Week High - Time to Buy?

Banyan Gold logo with Basic Materials background

Banyan Gold Corp. (CVE:BYN - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.32 and last traded at C$0.31, with a volume of 423814 shares changing hands. The stock had previously closed at C$0.30.

Banyan Gold Price Performance

The firm has a market capitalization of C$114.79 million, a price-to-earnings ratio of -23.74 and a beta of 1.59. The business has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.24.

Banyan Gold Company Profile

(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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