Banyan Gold (CVE:BYN) Reaches New 12-Month High – What’s Next?

Posted by Patrick Bannon on Sep 14th, 2026

Banyan Gold Corp. (CVE:BYN – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$2.12 and last traded at C$2.08, with a volume of 1368113 shares trading hands. The stock had previously closed at C$1.97.

Wall Street Analyst Weigh In

Separately, Desjardins set a C$3.00 price target on Banyan Gold and gave the stock a “buy” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Banyan Gold presently has an average rating of “Strong Buy” and a consensus target price of C$2.62.

Check Out Our Latest Analysis on BYN

Banyan Gold Stock Up 5.8%

The company has a market cap of C$929.78 million, a P/E ratio of -521.25 and a beta of 2.80. The stock has a 50 day moving average price of C$1.65 and a two-hundred day moving average price of C$1.46.

Insider Buying and Selling at Banyan Gold

In other news, Director David Rutt sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of C$1.50, for a total value of C$75,000.00. Following the completion of the sale, the director owned 2,774,224 shares of the company’s stock, valued at approximately C$4,161,336. The trade was a 1.77% decrease in their ownership of the stock. Insiders sold a total of 170,000 shares of company stock worth $251,400 over the last three months. 17.73% of the stock is currently owned by company insiders.

About Banyan Gold

(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.