StrikePoint Gold (CVE:SKP) Stock Price Up 47.6% – Time to Buy?

StrikePoint Gold Inc. (CVE:SKPGet Free Report) rose 47.6% during mid-day trading on Wednesday . The company traded as high as C$0.34 and last traded at C$0.31. Approximately 1,452,081 shares changed hands during mid-day trading, an increase of 1,687% from the average daily volume of 81,271 shares. The stock had previously closed at C$0.21.

StrikePoint Gold Stock Performance

The stock’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.12. The stock has a market cap of C$12.89 million, a P/E ratio of -3.88 and a beta of 0.23.

About StrikePoint Gold

(Get Free Report)

StrikePoint Gold Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, lead, and zinc deposits. The company was formerly known as Marum Resources Inc and changed its name to StrikePoint Gold Inc in June 2009.

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