Shares of Banyan Gold Corp. (CVE:BYN – Get Free Report) were up 7% during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 537,549 shares were traded during trading, an increase of 115% from the average daily volume of 250,021 shares. The stock had previously closed at C$0.22.
Banyan Gold Stock Performance
The firm has a market capitalization of C$78.91 million, a P/E ratio of -21.50 and a beta of 1.57. The firm’s 50-day moving average is C$0.19 and its 200 day moving average is C$0.26.
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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