Analysts Issue Forecasts for Banyan Gold FY2026 Earnings

Key Points

• Scotiabank forecasts Banyan Gold will report FY2026 earnings of negative C$0.02 per share and FY2027 earnings of negative C$0.03 per share. The bank maintains an “Outperform” rating and a C$3.00 price target.
• Banyan Gold has a consensus “Buy” rating and an average analyst price target of C$2.75, with Desjardins also assigning a C$3.00 target and “Buy” rating.
• The shares opened at C$2.12, near their 52-week high of C$2.20, while insiders sold 170,000 shares worth approximately C$251,400 over the past quarter.

Banyan Gold Corp. (CVE:BYN - Free Report) - Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Banyan Gold in a research report issued on Thursday, September 17th. Scotiabank analyst O. Habib forecasts that the company will post earnings of ($0.02) per share for the year. Scotiabank has a "Outperform" rating and a $3.00 price target on the stock. Scotiabank also issued estimates for Banyan Gold's FY2027 earnings at ($0.03) EPS.

Separately, Desjardins set a C$3.00 target price on shares of Banyan Gold and gave the stock a "buy" rating in a report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$2.75.

Banyan Gold Price Performance

Shares of BYN opened at C$2.12 on Monday. Banyan Gold has a 1 year low of C$0.64 and a 1 year high of C$2.20. The company has a 50 day simple moving average of C$1.70 and a two-hundred day simple moving average of C$1.48. The firm has a market cap of C$945.39 million, a P/E ratio of -530.00 and a beta of 2.80.

Insider Activity

In other news, Director David Rutt sold 50,000 shares of Banyan Gold stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of C$1.50, for a total value of C$75,000.00. Following the sale, the director directly owned 2,774,224 shares of the company's stock, valued at approximately C$4,161,336. The trade was a 1.77% decrease in their ownership of the stock. Insiders sold 170,000 shares of company stock valued at $251,400 over the last quarter. Insiders own 17.73% of the company's stock.

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.

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