Banyan Gold Corp. - BYN.V

BYN.V Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
BYN.V	0	0	4.8	18.9	-31.2	-21.4	-41.3	388.9	450	158.8
S&P 500	0.6	-1.3	0.7	6.3	11.3	29.9	25.5	89.1	187.8	33337.4

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	BYN.V
name	Banyan Gold Corp.
price	0.22
changes percentage	0
change	0
day low	0.22
day high	0.22
year high	0.39
year low	0.15
market cap	72334680
price avg 50	0.21
price avg 200	0.26
exchange	TSXV
volume	14600
avg volume	195155
open	0.22
previous close	0.22
eps	-0.01
pe	-22
earnings announcement	2025-01-18T00:00:00.000+0000
shares outstanding	328794000
timestamp	2024-11-18 14:30:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 43.0%

Overall Quarterly Financial Health: 31.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-135697	-91476	-48.34
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	2821617	2550023	10.65
interest income	465166	110433	321.22
interest expense	2605	110433	-97.64
ebitda	-2685920	-2413484	-11.29
ebitdaratio	0	0	NaN
operating income	-2821617	-2550023	-10.65
operating income ratio	0	0	NaN
net income	367909	-1455024	125.29
net income ratio	0	0	NaN
eps	0.0	-0.01	120.97

Overall Score of Annual Income Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2023 from 0 million in 2022 representing a change of -48.34%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 3 million in 2023 from 3 million in 2022 representing a change of 10.65%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -3 million in 2023 from -2 million in 2022 representing a change of -11.29%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -3 million in 2023 from -3 million in 2022 representing a change of -10.65%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 0 million in 2023 from -1 million in 2022 representing a change of 125.29%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.0 in 2023 from 0.0 in 2022 representing a change of 120.97%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	-33409	-33126	-0.85
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1770520	635000	178.82
interest income	33122	84248	-60.69
interest expense	0	0	NaN
ebitda	-1758092	-617210	-184.85
ebitdaratio	0	0	NaN
operating income	-1791501	-668130	-168.14
operating income ratio	0	0	NaN
net income	-1282706	-302720	-323.73
net income ratio	0	0	NaN
eps	-0.0	-0.0	-300.00

Overall Score of Quarterly Income Statement

0.2 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -0.85%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -2 million in 2024Q3 from -1 million in 2024Q2 representing a change of -184.85%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -2 million in 2024Q3 from -1 million in 2024Q2 representing a change of -168.14%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -1 million in 2024Q3 from 0 million in 2024Q2 representing a change of -323.73%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 2 million in 2024Q3 from 1 million in 2024Q2 representing a change of 178.82%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	58499690	48360787	20.97
total liabilities	9539729	10553682	-9.61
total equity	48959961	37807105	29.50
cash and cash equivalents	8151674	11614281	-29.81
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	8633733	12485450	-30.85
total non current assets	49865957	35875337	39.00
total current liabilities	9539729	1812158	426.43
total non current liabilities	0	8741524	-100.00
common stock	54616743	44505148	22.72
retained earnings	-8396221	-8764130	4.20
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 58 million in 2023 from 48 million in 2022 representing a change of 20.97%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 10 million in 2023 from 11 million in 2022 representing a change of -9.61%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 49 million in 2023 from 38 million in 2022 representing a change of 29.5%. This indicates an increase in shareholders' equity.

  Common Stock: Common Stock increased to 55 in 2023 from 45 in 2022 representing a change of 22.72%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to -8 million in 2023 from -9 million in 2022 representing a change of 4.2%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 8 million in 2023 from 12 million in 2022 representing a change of -29.81%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 9 million in 2023 from 12 million in 2022 representing a change of -30.85%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 10 million in 2023 from 2 million in 2022 representing a change of 426.43%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	71706397	57619427	24.45
total liabilities	9872841	9248364	6.75
total equity	61833556	48371063	27.83
cash and cash equivalents	18083712	5377761	236.27
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	18476392	5737932	222.00
total non current assets	53230004	51881495	2.60
total current liabilities	1107841	9248364	-88.02
total non current liabilities	8765000	8765000	0.00
common stock	68506495	54708243	25.22
retained earnings	-11097240	-9811334	-13.11
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 72 million in 2024Q3 from 58 million in 2024Q2 representing a change of 24.45%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 62 million in 2024Q3 from 48 million in 2024Q2 representing a change of 27.83%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 18 million in 2024Q3 from 5 million in 2024Q2 representing a change of 236.27%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 18 million in 2024Q3 from 6 million in 2024Q2 representing a change of 222.0%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 1 million in 2024Q3 from 9 million in 2024Q2 representing a change of -88.02%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 69 in 2024Q3 from 55 in 2024Q2 representing a change of 25.22%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 10 million in 2024Q3 from 9 million in 2024Q2 representing a change of 6.75%. This indicates an increase in overall liabilities.

  Retained Earnings: Retained Earnings decreased to -11 million in 2024Q3 from -10 million in 2024Q2 representing a change of -13.11%. This indicates an accumulated losses.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-3462.33	-2747127	99.87
operating cash flow	-1672.84	-1090226	99.85
free cash flow	-15683.25	-1414292	98.89
capital expenditure	-14010.41	-324066	95.68
depreciation and amortization	135697	91476	48.34
deferred income tax	0	-777284	100.00
stock based compensation	711.8	808443	-99.91
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-14010.41	-324066	95.68
net cash used for investing activites	-13978.41	-18681037	99.93
debt repayment	0	0	NaN
common stock issued	12188643	17044359	-28.49
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	12188643	17024135	-28.40
cash at end of period	8151.67	11614281	-99.93
accounts receivables	351.26	-495645	100.07
cash at beginning of period	11614	14361408	-99.92

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	289618	-243638	218.87
free cash flow	-1092301	-913832	-19.53
capital expenditure	-1381919	-670194	-106.20
depreciation and amortization	33409	33126	0.85
deferred income tax	0	0	NaN
stock based compensation	950.15	22912	-95.85
accounts receivables	-29501	-67341	56.19
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-3778	-670194	99.44
net cash used for investing activites	-1381919	-620194	-122.82
debt repayment	0	0	NaN
common stock issued	14301300	35500	40,185.35
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	13798252	35500	38,768.32
net change in cash	12705951	-828332	1,633.92
cash at end of period	18083712	5377761	236.27
cash at beginning of period	5377761	6206093	-13.35

Overall Score of Quarterly Cashflow Statement

None

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-09-30	2022-09-30	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	0.0	-0.01	121.42
operating cash flow per share	-0.0	-0.0	99.87
free cash flow per share	-0.0	-0.01	99.06
cash per share	0.03	0.05	-40.55
book value per share	0.18	0.16	9.69
tangible book value per share	0.18	0.16	9.69
shareholders equity per share	0.18	0.16	9.69
interest debt per share	0.0	0.0	-98.00
market cap	86206660	94216938	-8.50
enterprise value	78054986	82602657	-5.51
pe ratio	234.32	-64.75	461.86
price to sales ratio	0	0	NaN
pocfratio	-51533.06	-86.42	-59,531.19
pfcf ratio	-5496.73	-66.62	-8,151.16
pb ratio	1.76	2.49	-29.34
ptb ratio	1.76	2.49	-29.34
ev to sales	0	0	NaN
enterprise value over ebitda	-29.06	-34.23	15.09
ev to operating cash flow	-46660.11	-75.77	-61,484.05
ev to free cash flow	-4976.96	-58.41	-8,421.37
earnings yield	0.0	-0.02	127.63
free cash flow yield	-0.0	-0.02	98.79
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	3.03	4.81	-36.93
current ratio	0.91	6.89	-86.86
interest coverage	-1083.15	-23.09	-4,590.78
income quality	-0.0	0.75	-100.61
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-8.38	-0.3	-2,717.60
capex to revenue	0	0	NaN
capex to depreciation	0.1	3.54	-97.09
stock based compensation to revenue	0	0	NaN
graham number	0.07	0.15	-51.53
roic	0.01	-0.04	127.97
return on tangible assets	0.01	-0.03	120.90
graham net net	-0.0	0.01	-170.56
working capital	-905996	10673292	-108.49
tangible asset value	48959961	37807105	29.50
net current asset value	-905996	1931768	-146.90
invested capital	-221700	46548629	-100.48
average receivables	403693.5	559564.5	-27.86
average payables	385191.11	1351.4	28,403.04
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	2067.52	6.92	29,761.39
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.18	52.72	-99.67
inventory turnover	0	0	NaN
roe	0.01	-0.04	119.53
capex per share	0.0	0.0	-96.34

• Negative

  ROE: Return on Equity (ROE) increased to 0.01 on 2023-09-30 from -0.04 on 2022-09-30, representing a change of 119.53%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 0.91 on 2023-09-30 from 6.89 on 2022-09-30, representing a change of -86.86%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 234.32 on 2023-09-30 from -64.75 on 2022-09-30, representing a change of 461.86%. Indicating an increase in the relative valuation of the company's stock.

• Quarterly Financial Ratios

	2024-06-30 Q3	2024-03-31 Q2	Q/Q change %
BYN.V
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	-0.0	-0.0	-315.26
operating cash flow per share	0.0	-0.0	216.50
free cash flow per share	-0.0	-0.0	-17.14
cash per share	0.06	0.02	229.55
book value per share	0.21	0.17	25.28
tangible book value per share	0.21	0.17	25.28
shareholders equity per share	0.21	0.17	25.28
interest debt per share	0	0	NaN
market cap	67144086.76	94413188.76	-28.88
enterprise value	49060374.76	89035427.76	-44.90
pe ratio	-13.09	-77.97	83.22
price to sales ratio	0	0	NaN
pocfratio	231.84	-387.51	159.83
pfcf ratio	-61.47	-103.32	40.50
pb ratio	1.09	1.95	-44.37
ptb ratio	1.09	1.95	-44.37
ev to sales	0	0	NaN
enterprise value over ebitda	-27.91	-144.25	80.66
ev to operating cash flow	169.4	-365.44	146.35
ev to free cash flow	-44.91	-97.43	53.90
earnings yield	-0.02	-0.0	-495.81
free cash flow yield	-0.02	-0.01	-68.07
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	10.29	8.71	18.05
current ratio	16.68	0.62	2,588.12
interest coverage	0	0	NaN
income quality	-0.23	0.8	-128.05
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	4.77	-2.75	273.46
capex to revenue	0	0	NaN
capex to depreciation	41.36	20.23	104.45
stock based compensation to revenue	0	0	NaN
graham number	0.14	0.06	128.09
roic	-0.03	-0.01	-109.75
return on tangible assets	-0.02	-0.01	-240.48
graham net net	0.03	-0.01	329.68
working capital	17368551	-3510432	594.77
tangible asset value	61833556	48371063	27.83
net current asset value	8603551	-3510432	345.09
invested capital	17956963	-2892389	720.83
average receivables	348991.5	300570.5	16.11
average payables	553920.5	206.43	268,239.83
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	2984.4	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.03	0	NaN
inventory turnover	0	0	NaN
roe	-0.02	-0.01	-231.47
capex per share	0.0	0.0	102.08

• Negative

  ROE: Return on Equity (ROE) decreased to -0.02 on 2024-06-30 Q3 from -0.01 on 2024-03-31 Q2, representing a change of -231.47%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 16.68 on 2024-06-30 Q3 from 0.62 on 2024-03-31 Q2, representing a change of 2588.12%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -13.09 on 2024-06-30 Q3 from -77.97 on 2024-03-31 Q2, representing a change of 83.22%. Indicating an increase in the relative valuation of the company's stock.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.03 which is lower than current price 0.22, indicates the company may be overvalued.