Banyan Gold (CVE:BYN) Reaches New 12-Month High – Time to Buy?

Banyan Gold Corp. (CVE:BYNGet Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as C$1.05 and last traded at C$0.99, with a volume of 373748 shares changing hands. The stock had previously closed at C$1.02.

Banyan Gold Trading Down 5.9%

The stock has a market cap of C$395.93 million, a PE ratio of -68.57 and a beta of 2.14. The business’s 50-day moving average price is C$0.79 and its 200-day moving average price is C$0.53.

Banyan Gold Company Profile

(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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