BANYAN GOLD CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.61
Market capitalization 98.57M
Operating cash flow -1.32M
ESG Scores unknown

Company description

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. Banyan Gold Corp. was incorporated in 2010 and is headquartered in Whitehorse, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Change To Liabilities -301.85k -42.74k 674.18k 248.36k
Total Cashflows From Investing Activities -1.35M -524.69k -2.73M -9.36M
Net Borrowings
Total Cash From Financing Activities 1.44M 792.01k 7.74M 19.1M
Change To Operating Activities -23.1k -6.19k -24.24k -7.81k
Issuance Of Stock 1.46M 806.62k 8.12M 19.61M
Net Income -377.43k -322.94k -1.86M -2.92M
Change In Cash -716.84k -131.34k 5.02M 9.01M
Effect Of Exchange Rate
Total Cash From Operating Activities -806.4k -398.66k 10.52k -733.44k
Depreciation 19.45k 14.51k 12.41k 27.28k
Change To Account Receivables 52.83k 12.25k -61.07k -224.42k
Other Cashflows From Financing Activities -26.2k -14.62k -381.22k -512.18k
Change To Netincome -176.3k -53.55k 1.27M 2.14M
Capital Expenditures -1.38M -564.69k -2.77M -9.41M

Income Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Research Development
Income Before Tax -614.75k -413.81k -833.21k -1.68M
Net Income -377.43k -322.94k -1.86M -2.92M
Selling General Administrative 539.73k 367.44k 586.2k 837.05k
Gross Profit
Ebit -600.75k -404.77k -828.64k -1.74M
Operating Income -600.75k -404.77k -828.64k -1.74M
Interest Expense -1.22k -815
Income Tax Expense -237.33k -90.88k 1.03M 1.24M
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -14k -9.04k -4.57k 60.2k
Net Income From Continuing Ops -377.43k -322.94k -1.86M -2.92M
Net Income Applicable To Common Shares -377.43k -322.94k -1.86M -2.92M

Balance Sheet Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Total Liabilities 358.76k 225.14k 2.37M 7.57M
Total Stockholder Equity 4.84M 5.4M 11.08M 24.45M
Other Current Liabilities 166.54k 5.36k 68.23k 102.44k
Total Assets 5.2M 5.63M 13.45M 32.02M
Common Stock 5.6M 6.74M 14.54M 30.24M
Other Current Assets
Retained Earnings -2.21M -2.53M -4.39M -7.31M
Treasury Stock 306.62k
Cash 471.69k 340.35k 5.36M 14.36M
Total Current Liabilities 358.76k 149.48k 823.67k 1.07M
Other Stockholder Equity 306.62k
Property, Plant, and Equipment 4.67M 5.23M 7.95M 17.29M
Total Current Assets 533.41k 396.02k 5.5M 14.73M
Net Tangible Assets 4.84M 5.4M 11.08M 24.45M
Net Receivables 38.5k 26.25k 87.32k 311.74k
Accounts Payable 183.42k 144.13k 755.43k 969.59k


Insider Transactions

Here are the insider transactions of stock shares related to BANYAN GOLD CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Rutt (David)Exercise of options at price 0.06 per share.D2022-05-1910% Security Holder of Issuer50k
Christie (Tara)Exercise of options at price 0.06 per share.D2022-05-19Director of Issuer300k
Christie (Tara)Exercise of options at price 0.09 per share.D2022-05-19Director of Issuer400k
Burleton (Stephen)Acquisition or disposition in the public market at price 0.33 per share.D2022-03-02Director of Issuer50k
Burleton (Stephen)Acquisition or disposition in the public market at price 0.34 per share.D2022-03-02Director of Issuer50k
Burleton (Stephen)Acquisition or disposition in the public market at price 0.32 per share.D2022-02-28Director of Issuer98k
Burleton (Stephen)Acquisition or disposition in the public market at price 0.32 per share.D2022-02-25Director of Issuer52k
Blythe (Marc Girthon)D2022-02-24Director of Issuer
Reid (David Robert)Exercise of options at price 0.09 per share.D2022-02-23Director of Issuer400k
Burleton (Stephen)Exercise of options at price 0.09 per share.D2022-02-23Director of Issuer400k
Christie (Tara)Acquisition or disposition in the public market at price 0.22 per share.D2021-12-16Director of Issuer350k
Victoria Gold CorpAcquisition or disposition carried out privately at price 0.22 per share.D2021-12-1610% Security Holder of Issuer3M
Ayranto (Mark Juhani)Exercise of options at price 0.06 per share.D2021-10-2110% Security Holder of Issuer50k
Gray (Paul Dunstan)Exercise of options at price 0.06 per share.D2021-10-05Deemed Insider - 6 Months before becoming Insider75k
Victoria Gold CorpAcquisition or disposition carried out privately at price 0.22 per share.D2021-08-1110% Security Holder of Issuer10.71M
Victoria Gold CorpD2021-08-1110% Security Holder of Issuer
Ayranto (Mark Juhani)Acquisition or disposition carried out privately at price 0.28 per share.D2021-07-2810% Security Holder of Issuer55k
Christie (Tara)Acquisition or disposition under a prospectus exemption at price 0.28 per share.I2021-07-28Director of Issuer1.23M
Christie (Tara)Acquisition or disposition under a prospectus exemption at price 0.28 per share.D2021-07-28Director of Issuer143k
Christie (Tara)Exercise of options at price 0.07 per share.D2021-06-09Director of Issuer500k
Christie (Tara)Exercise of options at price 0.05 per share.D2021-06-09Director of Issuer500k
Rutt (David)Acquisition or disposition in the public market at price 0.24 per share.D2021-06-0710% Security Holder of Issuer20k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BANYAN GOLD CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BANYAN GOLD CORP

Here is the result of two systematic investment strategies applied to BANYAN GOLD CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BANYAN GOLD CORP

The following chart shows the equity curve of the two systematic investment strategies applied to BANYAN GOLD CORP:

BANYAN GOLD CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 186.02% on the backtest period.

Performance at glance

Performance

186.02 %

Latent gain

4185.65 C$

Invested capital

2250.11 C$

Annualized return

44.08 %
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Momentum strategy results on BANYAN GOLD CORP

This is the result of two momentum investment strategies applied to BANYAN GOLD CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BANYAN GOLD CORP

The following chart shows all the entries opened by the momentum investment system on BANYAN GOLD CORP:

BANYAN GOLD CORP momentum entries
  • The first momentum investment strategy would give 231.36% of return on BANYAN GOLD CORP. That represents 13304.08C$ of latent gain with 5750.27C$ of employed capital.
  • The second momentum investment strategy would give 291.63% of return on BANYAN GOLD CORP. That represents 11665.23C$ of latent gain with 4000.05C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

231.36 %

Latent gain

13304.08 C$

Invested capital

5750.27 C$

Annualized return

124.25 %
Performance at glance (2Q Momentum)

Performance

291.63 %

Latent gain

11665.23 C$

Invested capital

4000.05 C$

Annualized return

77.98 %

Momentum equity curve on BANYAN GOLD CORP

The following chart shows the equity curve of the two momentum strategies applied to BANYAN GOLD CORP:

BANYAN GOLD CORP momentum equity

Note: the dividends potentially given by BANYAN GOLD CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BANYAN GOLD CORP

The following chart shows the employed capital evolution of the two momentum strategies on BANYAN GOLD CORP since the beginning:

BANYAN GOLD CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on BANYAN GOLD CORP

Buy the dip entry openings on BANYAN GOLD CORP

BANYAN GOLD CORP

The performance achieved by the robo-advisor on BANYAN GOLD CORP is 275.83%. That represents 1379.21$ of latent gain with 500.02C$ of employed capital. The following chart shows BANYAN GOLD CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BANYAN GOLD CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

275.83 %

Latent gain

1379.21 C$

Invested capital

500.02 C$

Annualized return

124.25 %

Equity curve of the strategy applied to BANYAN GOLD CORP

The following chart shows the result of the investment strategy applied to BANYAN GOLD CORP:

BANYAN GOLD CORP

Note: the dividends potentially given by BANYAN GOLD CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BANYAN GOLD CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on BANYAN GOLD CORP:

BANYAN GOLD CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BANYAN GOLD CORP

In this section, I will compare the three previous investment strategies applied to BANYAN GOLD CORP.

Equity curve comparison on BANYAN GOLD CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BANYAN GOLD CORP investment strategy comparison

Employed capital comparison on BANYAN GOLD CORP

BANYAN GOLD CORP investment comparison

Performance comparison on BANYAN GOLD CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 186.02% 4185.65C$ 2250.11C$ 44.08%
Momentum 1 quarter 231.36% 13304.08C$ 5750.27C$ 58.13%
Momentum 2 quarters 291.63% 11665.23C$ 4000.05C$ 77.98%
Non-directional 275.83% 1379.21C$ 500.02C$ 124.25%
Annualized return comparison

Automatic investment

44.08 %

Momentum 1Q

77.98 %

Momentum 2Q

77.98 %

Non-directional

124.25 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BANYAN GOLD CORP:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BANYAN GOLD CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of BANYAN GOLD CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BANYAN GOLD CORP
Country Canada
City Whitehorse
Address 2237 2nd Avenue
Phone 888 629 0444
Website www.banyangold.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker BYN.XTSX
Market www.tsx.com

BANYAN GOLD CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown