Banyan Gold (CVE:BYN) Shares Down 2.1% - Should You Sell?

Banyan Gold Corp. (CVE:BYN - Get Free Report)'s share price fell 2.1% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 407,220 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 365,446 shares. The stock had previously closed at C$0.24.

Banyan Gold Stock Performance

The firm's 50-day moving average is C$0.25 and its 200 day moving average is C$0.22. The stock has a market cap of C$75.86 million, a PE ratio of -15.69 and a beta of 1.59.

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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