Banyan Gold (CVE:BYN) Stock Price Down 2.2% – Here’s What Happened

Banyan Gold Corp. (CVE:BYNGet Free Report) shares fell 2.2% during mid-day trading on Friday . The company traded as low as C$0.22 and last traded at C$0.22. 50,959 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 245,130 shares. The stock had previously closed at C$0.23.

Banyan Gold Stock Down 2.2 %

The stock has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.25. The stock has a market capitalization of C$72.33 million, a price-to-earnings ratio of -22.00 and a beta of 1.59.

About Banyan Gold

(Get Free Report)

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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