Shares of Banyan Gold Corp. (CVE:BYN - Get Free Report) fell 5.1% during mid-day trading on Thursday . The stock traded as low as C$0.19 and last traded at C$0.19. 425,700 shares were traded during mid-day trading, an increase of 79% from the average session volume of 238,434 shares. The stock had previously closed at C$0.20.
Banyan Gold Stock Performance
The company has a market capitalization of C$60.83 million, a PE ratio of -18.50 and a beta of 1.59. The business has a fifty day moving average of C$0.22 and a 200 day moving average of C$0.22.
Insider Activity at Banyan Gold
In related news, Director Tara Christie purchased 250,000 shares of Banyan Gold stock in a transaction on Friday, October 25th. The shares were bought at an average price of C$0.22 per share, with a total value of C$55,000.00. Company insiders own 17.73% of the company's stock.
About Banyan Gold
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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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