Banyan Gold (CVE:BYN) Hits New 1-Year High – Here’s Why

Banyan Gold Corp. (CVE:BYNGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.93 and last traded at C$0.93, with a volume of 861213 shares traded. The stock had previously closed at C$0.87.

Banyan Gold Stock Up 1.1%

The business’s 50 day simple moving average is C$0.76 and its 200 day simple moving average is C$0.50. The stock has a market cap of C$383.56 million, a price-to-earnings ratio of -66.43 and a beta of 2.14.

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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