StrikePoint Gold (CVE:SKP) Stock Price Up 42.3% – Here’s What Happened

StrikePoint Gold Inc. (CVE:SKPGet Free Report) shot up 42.3% during trading on Monday . The company traded as high as C$0.19 and last traded at C$0.19. 331,476 shares traded hands during mid-day trading, an increase of 411% from the average session volume of 64,930 shares. The stock had previously closed at C$0.13.

StrikePoint Gold Stock Up 30.8%

The stock’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.12. The company has a market cap of C$7.07 million, a price-to-earnings ratio of -2.13 and a beta of 0.23.

StrikePoint Gold Company Profile

(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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