Shares of Banyan Gold Corp. (CVE:BYN – Get Free Report) rose 11.1% on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.25. Approximately 562,580 shares changed hands during mid-day trading, an increase of 114% from the average daily volume of 262,998 shares. The stock had previously closed at C$0.23.
Banyan Gold Price Performance
The business’s 50 day moving average is C$0.21 and its two-hundred day moving average is C$0.21. The firm has a market capitalization of C$79.16 million, a PE ratio of -16.37 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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