Banyan Gold Corp. (CVE:BYN – Get Free Report) rose 7.6% during mid-day trading on Thursday . The company traded as high as C$1.44 and last traded at C$1.42. Approximately 345,615 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 792,200 shares. The stock had previously closed at C$1.32.
Banyan Gold Stock Up 7.6%
The firm has a 50 day moving average of C$1.39 and a 200-day moving average of C$1.31. The company has a market cap of C$632.85 million, a P/E ratio of -101.43 and a beta of 2.66.
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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