Banyan Gold (CVE:BYN) Price Target Raised to C$1.55 at Cormark

Banyan Gold (CVE:BYNGet Rating) had its target price hoisted by Cormark from C$1.25 to C$1.55 in a research note issued to investors on Thursday morning, BayStreet.CA reports.

Banyan Gold Price Performance

Shares of Banyan Gold stock opened at C$0.40 on Thursday. The firm has a market cap of C$113.81 million, a price-to-earnings ratio of -23.33 and a beta of 1.64. The stock’s 50-day moving average is C$0.40 and its 200-day moving average is C$0.41. Banyan Gold has a one year low of C$0.34 and a one year high of C$0.57.

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. The Company's flagship asset is 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.

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