Banyan Gold (CVE:BYN) Director David Rutt Sells 50,000 Shares of Stock

Banyan Gold Corp. (CVE:BYN) Director David Rutt sold 50,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of C$1.50, for a total value of C$75,000.00. Following the sale, the director directly owned 2,774,224 shares in the company, valued at C$4,161,336. This trade represents a 1.77% decrease in their position.

David Rutt also recently made the following trade(s):

• On Tuesday, August 4th, David Rutt sold 60,000 shares of Banyan Gold stock. The stock was sold at an average price of C$1.43, for a total value of C$85,800.00.
• On Tuesday, August 4th, David Rutt sold 40,000 shares of Banyan Gold stock. The shares were sold at an average price of C$1.44, for a total value of C$57,600.00.
• On Wednesday, August 5th, David Rutt sold 5,000 shares of Banyan Gold stock. The shares were sold at an average price of C$1.52, for a total value of C$7,600.00.
• On Friday, August 7th, David Rutt sold 5,000 shares of Banyan Gold stock. The stock was sold at an average price of C$1.68, for a total transaction of C$8,400.00.
• On Friday, August 7th, David Rutt sold 10,000 shares of Banyan Gold stock. The shares were sold at an average price of C$1.70, for a total transaction of C$17,000.00.

Banyan Gold Stock Up 12.3%

CVE:BYN traded up C$0.19 during mid-day trading on Friday, hitting C$1.74. 1,291,452 shares of the stock traded hands, compared to its average volume of 789,439. The business’s 50-day moving average price is C$1.41 and its 200 day moving average price is C$1.33. The company has a market cap of C$775.47 million, a PE ratio of -124.29 and a beta of 2.70. Banyan Gold Corp. has a 12-month low of C$0.35 and a 12-month high of C$1.74.

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.