Banyan Gold Corp. (CVE:BYN – Get Free Report) shares rose 11.1% during trading on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.25. Approximately 562,580 shares were traded 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 company has a 50 day moving average of C$0.21 and a two-hundred day moving average of C$0.21. The company has a market capitalization of C$79.16 million, a PE ratio of -16.37 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.
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