Shares of Banyan Gold Corp. (CVE:BYN – Get Free Report) were down 6% on Tuesday . The stock traded as low as C$0.23 and last traded at C$0.24. Approximately 2,506,239 shares traded hands during mid-day trading, an increase of 1,322% from the average daily volume of 176,190 shares. The stock had previously closed at C$0.25.
Banyan Gold Stock Up 9.5 %
The firm has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.32. The company has a market cap of C$65.77 million, a PE ratio of -23.00 and a beta of 1.69.
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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