tiprankstipranks
Trending News
More News >
Banyan Gold Corp (TSE:BYN)
:BYN

Banyan Gold (BYN) AI Stock Analysis

Compare
47 Followers

Top Page

TSE:BYN

Banyan Gold

(BYN)

Select Model
Select Model
Select Model
Neutral 58 (OpenAI - 5.2)
Rating:58Neutral
Price Target:
C$1.00
▼(-17.36% Downside)
The score is driven primarily by weak financial performance typical of a pre-revenue, cash-consuming company, despite a strong zero-debt balance sheet. Technicals are constructive with a clear uptrend and positive momentum, but valuation is constrained by losses (negative P/E) and no dividend support.
Positive Factors
Zero-debt balance sheet
A sustained zero-debt position gives durable financial flexibility for an exploration company. It lowers insolvency risk, improves bargaining power for joint ventures or asset sales, and preserves optionality to fund AurMac development via equity or strategic partners over the next 2–6 months.
Growing shareholders' equity
Material equity growth strengthens the balance sheet and supports larger exploration programs without immediate leverage. It signals investor willingness to fund the story, enabling multi-year resource definition work and providing capital base to pursue JV or option structures as projects advance.
Focused AurMac exploration asset
Concentrated activity on AurMac provides clear operational focus and a definable path to resource milestones. In the structurally attractive Yukon gold district, successful delineation can create scalable value via resource upgrade, JV deals, or sale, offering a durable route to monetize exploration outcomes.
Negative Factors
Pre-revenue and recurring operating losses
No operating revenue and repeated losses mean core business economics are unproven. Over the next 2–6 months this maintains high execution risk: continuing expenditures without revenue visibility increases reliance on capital markets and reduces clarity on the timeline to economic viability.
Persistent negative free cash flow
Sustained negative free cash flow forces repeated financing to support exploration and G&A. Even with a 2025 improvement, ongoing cash burn raises dilution and runway risk, constraining strategic choices and potentially delaying project advancement absent secured partner funding.
Lack of value creation (negative ROE)
Despite equity growth, negative ROE shows capital has yet to translate into profitable outcomes. This structural shortfall signals that investor funding has not produced measurable resource economics, increasing the hurdle for management to demonstrate durable value creation in upcoming exploration phases.

Banyan Gold (BYN) vs. iShares MSCI Canada ETF (EWC)

Banyan Gold Business Overview & Revenue Model

Company DescriptionBanyan 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.
How the Company Makes MoneyBanyan Gold makes money primarily through the exploration and development of its gold properties, aiming to increase the value of its assets by expanding its gold resource estimates. The company generates revenue through strategic partnerships, joint ventures, and the eventual sale or development of its mineral projects. Banyan Gold may also engage in financing activities, such as issuing shares or securing investment from institutional investors, to fund its exploration programs and operational expenses. As mining operations advance, potential revenue streams include the sale of gold extracted from its properties or royalties from mining partners.

Banyan Gold Financial Statement Overview

Summary
Pre-revenue profile with consistently negative operating profit and recurring net losses limits earnings quality and visibility. Balance sheet strength (zero debt and growing equity) supports financial flexibility, but negative free cash flow and ongoing cash consumption keep dilution/funding risk elevated.
Income Statement
18
Very Negative
The company remains pre-revenue (zero revenue across all reported annual periods), so losses are being driven by operating spend rather than business scale. Profitability is consistently weak, with recurring negative operating profit in every year shown and net losses in most years (the lone profit year appears non-recurring given continued negative operating results). The key strength is that losses have not been accelerating in a straight line (e.g., 2025 net loss improved vs. 2024), but overall earnings quality and visibility remain low without revenue generation.
Balance Sheet
72
Positive
The balance sheet is a clear strength: total debt is reported as zero in every year, leaving the company with strong financial flexibility and low insolvency risk. Stockholders’ equity has grown materially over time (from ~11.1M in 2020 to ~69.1M in 2025), supporting a larger asset base. The main weakness is value creation: returns on equity are generally negative (reflecting ongoing losses), meaning the balance sheet strength has not yet translated into sustained profitability.
Cash Flow
28
Negative
Cash flow is pressured by ongoing investment and operating needs. Free cash flow is negative in every year shown, and operating cash flow is volatile—positive in 2024 but negative again in 2025—suggesting funding needs can swing year to year. A positive is that in 2025 free cash flow was much less negative than in 2024 (a sharp improvement), but the business is still consuming cash overall, which can create future financing/dilution risk if sustained.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-90.70K-116.01K-135.80K-135.70K-91.48K-27.28K
EBITDA8.05K8.05K-4.61M-2.69M-2.41M-1.71M
Net Income-1.51M-1.51M-4.28M367.91K-1.46M-2.92M
Balance Sheet
Total Assets88.14M88.14M72.77M58.50M48.36M32.02M
Cash, Cash Equivalents and Short-Term Investments9.79M9.79M13.79M8.15M11.61M14.36M
Total Debt0.000.000.000.000.000.00
Total Liabilities19.03M19.03M15.32M9.54M10.55M7.57M
Stockholders Equity69.11M69.11M57.44M48.96M37.81M24.45M
Cash Flow
Free Cash Flow-11.23M-1.85M-8.29M-15.68M-19.85M-10.14M
Operating Cash Flow-1.75M-1.75M575.31K-1.67M-1.09M-733.44K
Investing Cash Flow-17.03M-17.03M-8.81M-13.98M-18.68M-9.36M
Financing Cash Flow14.78M14.78M13.88M12.19M17.02M19.10M

Banyan Gold Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.21
Price Trends
50DMA
1.03
Positive
100DMA
0.89
Positive
200DMA
0.60
Positive
Market Momentum
MACD
0.05
Positive
RSI
46.83
Neutral
STOCH
35.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BYN, the sentiment is Neutral. The current price of 1.21 is above the 20-day moving average (MA) of 1.18, above the 50-day MA of 1.03, and above the 200-day MA of 0.60, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 46.83 is Neutral, neither overbought nor oversold. The STOCH value of 35.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:BYN.

Banyan Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
58
Neutral
C$455.87M-244.44-5.60%-445.00%
53
Neutral
C$342.58M-58.28-10.44%-69.66%
49
Neutral
$448.93M-27.47-10.17%37.78%
48
Neutral
$481.52M-3.37-143.63%
47
Neutral
C$525.17M-15.82-49.70%0.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BYN
Banyan Gold
1.10
0.88
388.89%
TSE:LGD
Liberty Gold
1.03
0.73
243.33%
TSE:GOLD
GoldMining
2.14
0.99
86.09%
TSE:WRLG
West Red Lake Gold Mines
1.21
0.57
89.06%
TSE:SIG
Sitka Gold Corp.
0.88
0.57
179.37%

Banyan Gold Corporate Events

Business Operations and Strategy
Banyan Gold Hits High-Grade Gold, Eyes Expansion at Yukon AurMac Project
Positive
Jan 28, 2026

Banyan Gold reported new drill results from its AurMac project in Yukon, with multiple high-grade gold intersections at both the Aurex Hill zone, part of the East Powerline deposit, and the Airstrip deposit. The results, which include notable high-grade intervals within broader zones of mineralization, strengthen the company’s geological model, support the identification of potential starter-pit areas, and suggest room for further expansion of the deposits, particularly through high-grade sheeted quartz veins at Aurex Hill and skarn mineralization at Airstrip that may enable eastward growth of the resource base.

The most recent analyst rating on (TSE:BYN) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Banyan Gold stock, see the TSE:BYN Stock Forecast page.

Business Operations and Strategy
Banyan Gold Confirms Ultra High-Grade Keno-Style Silver Vein at Yukon’s AurMac Project
Positive
Jan 22, 2026

Banyan Gold reported exceptionally high-grade silver drill results from the Ag-1 vein at the Powerline deposit on its AurMac Project in Yukon, including an interval of 10,734 grams per tonne silver over 1.7 metres within 10.4 metres grading 1,841 grams per tonne. The new intercepts in hole AX-25-803, located roughly 90 metres from and 20 metres below a 2021 high-grade hole, confirm the continuity and orientation of a steeply dipping, late brittle silver-bearing structure and suggest the presence of parallel veins (Ag-2 and Ag-3), underscoring the scale and exploration upside of Keno-style silver mineralization at Powerline and potentially enhancing the project’s overall resource and strategic importance.

The most recent analyst rating on (TSE:BYN) stock is a Buy with a C$2.25 price target. To see the full list of analyst forecasts on Banyan Gold stock, see the TSE:BYN Stock Forecast page.

Business Operations and Strategy
Banyan Gold Uncovers Extensive New Silver Targets at Yukon AurMac Project
Positive
Jan 20, 2026

Banyan Gold has reported a series of new high-grade silver drill intersections at its AurMac Project’s Powerline and Airstrip deposits in the Yukon, identifying multiple near-surface Keno-style silver veins across three newly defined target areas. The company has outlined a northeast-trending corridor more than 3 km wide and over 2 km along strike that hosts these silver zones, some located hundreds of metres from a previously reported ultra high-grade silver intercept, and plans follow-up drilling to test the extent, orientation and continuity of the mineralized structures. This work suggests the presence of a larger, more continuous vein system and signals a meaningful silver component to AurMac, potentially expanding the project’s economic and strategic significance for Banyan and its stakeholders within the broader Yukon precious metals camp.

The most recent analyst rating on (TSE:BYN) stock is a Buy with a C$2.25 price target. To see the full list of analyst forecasts on Banyan Gold stock, see the TSE:BYN Stock Forecast page.

Business Operations and Strategy
Banyan Gold Extends High-Grade Mineralization at AurMac’s Powerline and Airstrip Deposits
Positive
Jan 8, 2026

Banyan Gold reported multiple high-grade gold intercepts from its 2025 drilling campaign at the AurMac project in Yukon, with notable results from both the Powerline and Airstrip deposits. New intersections at Powerline extend mineralization to the southwest beyond the current resource outline, while drilling at Airstrip has confirmed and expanded high-grade skarn-style mineralization down-dip within calc-silicate horizons, indicating that these zones remain open for further expansion. The company also highlighted that the roughly 400-metre gap between the two deposits is mineralized, underscoring the potential to link and enlarge the existing resources, which could enhance the project’s overall scale and attractiveness for stakeholders as additional assay results are released into February.

The most recent analyst rating on (TSE:BYN) stock is a Buy with a C$2.25 price target. To see the full list of analyst forecasts on Banyan Gold stock, see the TSE:BYN Stock Forecast page.

Business Operations and StrategyM&A Transactions
Banyan Gold Expands AurMac Project with Strategic Acquisition of Trail-Minto Claims
Positive
Dec 17, 2025

Banyan Gold Corp. has strategically consolidated its mining claims in Yukon Territory with the purchase of 229 Trail-Minto claims, creating a contiguous 720 sq km land package covering the AurMac Project. This acquisition enhances prospectivity for gold mineralization and aligns with regional development initiatives like the Yukon-B.C. Grid Connect, which could unlock substantial clean economic growth and support responsible mining development, benefiting stakeholders and advancing Banyan’s position in critical mineral development.

Business Operations and Strategy
Banyan Gold Extends High-Grade Mineralization at AurMac Project
Positive
Dec 9, 2025

Banyan Gold Corp. has announced significant progress in extending the mineralization of its Powerline Deposit at the AurMac Project in Yukon, Canada. The recent drilling results have revealed new high-grade gold domains, enhancing the continuity between the Powerline and Airstrip deposits. This expansion is expected to improve the company’s resource estimates by converting waste blocks to high-grade ore, potentially lowering strip ratios and adding more ounces to the deposit. The completion of the 2025 drilling program, with 178 holes drilled over 42,700 meters, marks a productive year for Banyan Gold, with further assay results pending.

Business Operations and Strategy
Banyan Gold Grants Stock Options to Enhance Workforce Incentives
Positive
Dec 5, 2025

Banyan Gold Corp. has announced the granting of 5,060,000 stock options to its consultants, employees, advisors, and exploration staff, allowing them to purchase shares at $1.00 each, with a vesting period of up to 18 months and a five-year term. This move is part of the company’s annual compensation review and aligns with its strategic efforts to incentivize its workforce, potentially enhancing operational efficiency and stakeholder value.

Business Operations and Strategy
Banyan Gold Extends High-Grade Mineralization at AurMac Project
Positive
Nov 13, 2025

Banyan Gold Corp. has announced significant drilling results from its AurMac Project in the Yukon, highlighting the extension of high-grade gold mineralization at the Airstrip deposit. The latest drill holes have intersected substantial gold grades, with one hole reporting 3.66 g/t over 17.6 meters, including a high-grade interval of 35.98 g/t over 1.6 meters. These results underscore the potential to expand the high-grade core of the Airstrip deposit, which now extends over 500 meters along strike and nearly 300 meters down dip, enhancing the project’s mineral resource estimate and positioning Banyan Gold favorably within the mining industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 27, 2026