StrikePoint Gold (CVE:SKP) Trading 16.7% Higher – Still a Buy?

StrikePoint Gold Inc. (CVE:SKP) shot up 16.7% on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. 162,355 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 208,369 shares. The stock had previously closed at C$0.18.

StrikePoint Gold Price Performance

The firm has a market cap of C$13.10 million, a price-to-earnings ratio of -4.20 and a beta of 1.77. The firm has a fifty day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.18.

StrikePoint Gold Company Profile

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. StrikePoint Gold Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.