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Banyan Gold Corp. (V:BYN)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 166 Cougarstone Crescent SW
CALGARY AB T3H 4Z5
Tel: N/A
Website: https://banyangold.com
IR: See website
Key People
Tara M. Christie
President, Chief Executive Officer, Director
David M. Rutt
Chief Financial Officer, Corporate Secretary
 
Business Overview
Banyan Gold Corp. is a Canada-based exploration company. The Company is focused on two Yukon gold properties, the AurMac Gold Project and Hyland Gold Project. The Hyland Gold Project is located in the Watson Lake Mining District in the southeast Yukon, approximately 74 kilometers northeast from the town of Watson Lake within the traditional territory of the Kaska Dena Nation (Liard First Nation). It consists of approximately 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in area that is road accessible from Watson Lake. The AurMac Gold Project is located in the Mayo Mining district, approximately 56 kilometers northeast from the village of Mayo and 356 kilometers north of Whitehorse, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The project consists of approximately 506 active Yukon registered quartz mineral claims totaling over 9,230 hectares.
Financial Overview
For the three months ended 31 December 2023, Banyan Gold Corp revenues was not reported. Net loss increased from C$478K to C$1.1M. Higher net loss reflects Stock-based compensation increase from C$0K to C$712K (expense), Management fees increase of 17% to C$465K (expense), Professional fees increase of 37% to C$76K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $91.50M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$2.72M as of Dec 31, 2023
Net annual income (TTM): -$0.27M as of Dec 31, 2023
Free cash flow (TTM): -$12.17M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 286,123,649 as of Jan 23, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization