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← CockpitCompetitor Analysis › BYN.V Banyan Gold Corp.Open in the cockpit ↗

Banyan Gold Corp.BYN.VCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals

Canadian explorer advancing the AurMac gold project in Yukon toward development.

≈ No US peer.Momentum neutral 55
Mkt cap
$554M
US dollars, full cap
Free float
96%
of shares outstanding
$/day
$536,478
20-day average traded
P/B
5.50×
price to book
ROE
-4.8%
delivered
Implied ROE
64.9%
what the price asks
Next earnings
76 days
21 Jan 2027
Close · CADC$1.64
1D+1.2%
1W+9.3%
1M-9.4%
3M-5.8%
6M+18.0%
YTD+80.2%
1Y+118.7%
ATR %5.8%
52w lowhigh25.4% off high

What Banyan Gold does

Canadian explorer advancing the AurMac gold project in Yukon toward development.

Earns no revenue; drilling, studies and permitting for AurMac are paid for by selling shares to investors, and value rests on proving a Yukon gold deposit large enough to justify a mine.

In one line: No US peer..

Products and services

  • AurMac gold project (Yukon)

Customers

  • Gold refiners (once producing)

Where it sits in the supply chain

  • Mining
  • Precious metals mining
  • Mine development

What could go right

  • Feasibility/permitting milestones
  • Gold price strength

What could go wrong

  • Yukon permitting timelines
  • Financing/dilution risk pre-production

Moat: none (installed base). Pre-production developer; value depends on advancing AurMac through feasibility and financing.

Headquarters: Vancouver, Canada

Named competitors

Banyan Gold at a glance

Size Banyan Gold (BYN.V) is a Canada Materials company (Precious Metals) with a market value of $554M, the 326th largest of 420 Canada companies the cockpit tracks. Shares closed at C$1.64 on 6 Nov 2026.

Performance Over six months the shares gained 18.0%, against -3.1% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 21 in its peer set.

Valuation It trades at 5.50× book value against a peer median of 2.24× (3rd most expensive of 20).

Price implies The share price implies a return on equity of about 64.9%; Banyan Gold delivers -4.8%, so the price asks more than the business earns today.

Next results Next results expected around 21 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026BYN.V 112Peer median 95
Six months, rebased to 100: Banyan Gold against the median of its 20 peers (local-currency closes).

Banyan Gold financials

Reported figures in CAD; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$0C$0C$0C$0C$0
Revenue growth—————
Gross profit-C$158,185-C$116,006-C$135,803-C$135,697-C$91,476
EBITDA-C$7.95M-C$4.34M-C$4.54M-C$2.75M-C$2.46M
Net income-C$4.94M-C$1.51M-C$4.28MC$367,909-C$1.46M
Free cash flow-C$11.7M-C$1.85MC$567,120-C$1.84M-C$1.41M
Capital expenditureC$30.4MC$17.1MC$8.86MC$14.0MC$18.8M
Total debtC$0C$0C$0C$0C$0

Quarterly statements and history in the cockpit →

Banyan Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-10%0%APMGRZFRSGSKRBTRIPXTCGWIARXLAAZCTGOTAUTLGGOROMTLAUCSBMAMIHSTRGAUBYN.V6-month return →1-month return →
Up and to the right = strong over both horizons. Banyan Gold is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%50%2.50×50×7.50×APMGRZFRSGSKRIPXTCGWIARXLAAZTAUTLGMTLAUCSBMAMIGAUBYN.VReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Banyan Gold is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%APMGRZFRSIPXTCGWIAAAZTLGMTLAUCAMIBYN.VROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Banyan Gold is the large dot.

Banyan Gold competitors and peer comparison

Head to head with its named competitors (BYN.V vs SGD.TO vs FWZ.V vs TAU.V)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Banyan Gold BYN.V$554M+18%n/a-5%5.50×64.9%
Snowline Gold SGD.TO$1.93B-6%n/a-90%25.66×86.1%
Fireweed Metals FWZ.Vn/a-37%n/an/an/an/a
Thesis Gold & Silver TAU.V$516M-31%n/a-5%2.24×24.4%

How Banyan Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Banyan Gold against its 20 peers (data as of 6 Nov 2026)
MeasureBYN.VPeer medianRank in peer set
1-month return-9.4%-7.7%7th lowest of 21
6-month return+18.0%-3.1%5th highest of 21
Return on equity-4.8%-12.6%9th highest of 19
Price / book5.50×2.24×3rd most expensive of 20
ROE the price implies64.9%17.8%3rd most demanding of 20
ROE delivered-4.8%-12.6%9th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Banyan Gold BYN.VCanada$554M+18%n/a-5%5.50×64.9%-4.8%
Andean Precious Metals APM.TOCanada$555M-20%+63%49%1.84×21.4%49.2%
Gold Reserve GRZ.VCanada$560M-19%n/a-41%4.59×12.9%-41.5%
Forrestania Resources FRS.AXAustralia$547M-33%n/a-23%1.63×16.6%-23.2%
Goldsky Resources GSKR.VCanada$543M-28%n/a-22%1.75×15.8%-21.8%
Brightstar Resources BTR.AXAustralia$542M+68%+91%-30%1.81×16.9%-29.6%
IperionX IPXUnited States$540M-66%n/a-74%5.42×64.6%-74.1%
Turaco Gold TCG.AXAustralia$540M+29%n/a-31%8.06×112.3%-31.4%
WIA Gold WIA.AXAustralia$533M-22%n/a-4%3.99×17.1%-3.9%
Rox Resources RXL.AXAustralia$532M+13%n/a-19%2.77×12.8%-19.0%
Anglo Asian Mining AAZ.LUnited Kingdom$590M+30%+220%58%4.42×39.4%58.0%
Contango Silver & Gold CTGOUnited States$520M-43%n/a-24%1.52×8.1%-23.7%
Thesis Gold & Silver TAU.VCanada$516M-31%n/a-5%2.24×24.4%-4.5%
Troilus Mining TLG.TOCanada$611M-8%n/a-122%7.28×110.2%-121.9%
Goldgroup Mining GORO.VCanada$500M-21%+215%n/an/an/an/a
Metals Exploration MTL.LUnited Kingdom$617M+17%-17%14%2.12×17.8%13.5%
Ausgold AUC.AXAustralia$495M+42%n/a-6%3.30×37.4%-6.2%
St. Barbara SBM.AXAustralia$629M+5%-76%-4%0.96×14.2%-4.3%
Aurelia Metals AMI.AXAustralia$477M+16%+40%20%1.48×15.7%20.2%
Heliostar Metals HSTR.TOCanada$475M+10%n/an/a4.21×38.5%n/a
Galiano Gold GAU.TOCanada$653M+2%+91%26%2.03×21.2%26.0%

Questions

Who are Banyan Gold's main competitors?
Named competitors: Victoria Gold (private or unlisted), Snowline Gold (SGD.TO), Fireweed Metals (FWZ.V), Thesis Gold & Silver (TAU.V). The cockpit's measured peer set (industry) also includes Andean Precious Metals (APM.TO), Gold Reserve (GRZ.V), Forrestania Resources (FRS.AX), Goldsky Resources (GSKR.V), Brightstar Resources (BTR.AX), IperionX (IPX).
Is Banyan Gold expensive compared with its peers?
On price / book it trades at 5.50× against a peer median of 2.24×, 3rd most expensive of 20 in its peer set. The share price implies a return on equity of about 64.9%; Banyan Gold delivers -4.8%, so the price asks more than the business earns today.
How has Banyan Gold stock performed?
Over six months to 6 Nov 2026 the shares returned +18.0% against -3.1% for the median peer; over one year +118.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.