Banyan Gold (CVE:BYN) Trading Up 7.1%

Shares of Banyan Gold Corp. (CVE:BYN) traded up 7.1% during trading on Wednesday . The stock traded as high as C$0.23 and last traded at C$0.23. 399,615 shares traded hands during trading, an increase of 92% from the average session volume of 208,647 shares. The stock had previously closed at C$0.21.

Banyan Gold Price Performance

The stock has a market cap of C$68.63 million, a P/E ratio of -24.00 and a beta of 1.69. The stock’s 50 day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.32.

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.