Scotiabank Estimates Banyan Gold’s FY2026 Earnings (CVE:BYN)

Banyan Gold Corp. (CVE:BYN) – Research analysts at Scotiabank issued their FY2026 earnings estimates for Banyan Gold in a report released on Thursday, September 17th. Scotiabank analyst O. Habib anticipates that the company will post earnings of ($0.02) per share for the year. Scotiabank has a “Outperform” rating and a $3.00 price target on the stock. Scotiabank also issued estimates for Banyan Gold’s FY2027 earnings at ($0.03) EPS.

Other equities research analysts have also recently issued reports about the company. National Bank Financial set a C$3.00 target price on Banyan Gold and gave the stock an “outperform” rating in a research note on Monday. Desjardins set a C$3.00 target price on shares of Banyan Gold and gave the company a “buy” rating in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$2.81.

Banyan Gold Stock Performance

Shares of BYN opened at C$1.96 on Monday. The firm’s 50-day simple moving average is C$1.72 and its two-hundred day simple moving average is C$1.48. Banyan Gold has a fifty-two week low of C$0.64 and a fifty-two week high of C$2.20. The stock has a market cap of C$874.04 million, a PE ratio of -490.00 and a beta of 2.80.

Insider Transactions at Banyan Gold

In other Banyan Gold news, Director David Rutt sold 50,000 shares of the business’s stock in a transaction on 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 sale, the director owned 2,774,224 shares in the company, valued at C$4,161,336. The trade was a 1.77% decrease in their position. In the last 90 days, insiders have sold 170,000 shares of company stock valued at $251,400. Insiders own 17.73% of the company’s stock.

Banyan Gold Company Profile

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.