Insider activity
Banyan Gold Corp
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Aug 07, 26 | Sell | Rutt, David Individual · CA$17,000 | 10,000 | CA$1.70 |
| Aug 07, 26 | Sell | Rutt, David Individual · CA$8,250 | 5,000 | CA$1.65 |
| Aug 07, 26 | Sell | Rutt, David Individual · CA$8,400 | 5,000 | CA$1.68 |
| Aug 06, 26 | Sell | Rutt, David Individual · CA$7,650 | 5,000 | CA$1.53 |
| Aug 05, 26 | Sell | Rutt, David Individual · CA$7,600 | 5,000 | CA$1.52 |
| Aug 05, 26 | Sell | Rutt, David Individual · CA$75,000 | 50,000 | CA$1.50 |
Recent insider activity at Banyan Gold Corp raises questions for investors as significant sales overshadow any buying.
In the past two weeks, insiders at Banyan Gold Corp have sold approximately CA$267,300 worth of shares. This activity, especially the selling by David Rutt, may provide insights into the company's current standing and future potential. While insider selling can often signal a lack of confidence in a company's prospects, it’s essential to interpret these transactions with caution.
Investor takeaway: With no insider buying reported during this period, the focus on significant sales could indicate a shift in sentiment among insiders. Investors should consider this activity as one part of a broader analysis when evaluating Banyan Gold Corp.
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Banyan Gold Corp
BYN.V
BYN.V
Banyan Gold Corp
WealthAwesomeMarket cap
$874.04M
52W high
$2.20
52W low
$0.64
1W change
+4.74%
Beta
2.16
Analyst Price Targets
Based on analyst covering BYN · as of Sep 23, 2026
Wall Street analysts forecast BYN stock price to rise 41.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.81
+41.3% Upside
Previously C$2.85 on Sep 17, 2026
Current Price
C$1.99
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BYN's historical volatility
30-Day Vol
59.2%
Annualized
90-Day Vol
70.6%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$2.38
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.11 | C$1.72 – C$2.59 |
| 60 trading days | C$2.24 | C$1.68 – C$2.99 |
| 90 trading days | C$2.38 | C$1.67 – C$3.39 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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CA$267,300 in Insider Sales
Over the last 14 days, insiders sold 180,000 shares, indicating a strong focus on liquidating positions rather than investing further.
Bull case
If these sales are seen as routine portfolio management rather than a sign of doubt, it might suggest that insiders are simply taking advantage of favorable market conditions without any negative implications for the company's future.
Bear case
The absence of insider buying, combined with significant selling, may raise concerns about the company's outlook. This could suggest that insiders are not optimistic about the near-term performance of Banyan Gold Corp.
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Recent Insider Activity
In the last two weeks, Banyan Gold Corp has seen a flurry of insider selling, with David Rutt involved in eight transactions. The total volume of shares sold reached 180,000, translating to about CA$267,300. These sales included multiple transactions on August 4th and 7th, with individual sales ranging from 5,000 to 60,000 shares at various prices. Notably, the highest sale price was CA$1.70, while the lowest was CA$1.43. This pattern of selling may suggest a strategic decision by Rutt to liquidate a portion of his holdings, but it also raises questions about his confidence in the company's future performance.
Interpreting the Sales
While insider selling can often be seen as a negative signal, it’s important to consider the context. Insiders may sell shares for various reasons, including personal financial needs or tax considerations. In the case of Banyan Gold Corp, the lack of any reported insider buying during this period could be a red flag for investors. However, it’s also possible that Rutt's sales simply reflect market conditions rather than a lack of faith in the company's direction. Investors should remain cautious and consider other factors, such as the company's financial health and market position, before drawing conclusions.
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