Banyan Gold (CVE:BYN) Trading Down 1.9% - Should You Sell?

Banyan Gold Corp. (CVE:BYN - Get Free Report)'s share price fell 1.9% during trading on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26. 162,310 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 361,455 shares. The stock had previously closed at C$0.27.

Banyan Gold Stock Performance

The business's fifty day moving average price is C$0.24 and its 200-day moving average price is C$0.22. The stock has a market cap of C$82.46 million, a PE ratio of -17.06 and a beta of 1.59.

About Banyan Gold

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.