StrikePoint Gold (CVE:SKP) Trading 19.4% Higher – Here’s Why

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) shot up 19.4% during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. 420,388 shares changed hands during mid-day trading, an increase of 1,227% from the average session volume of 31,681 shares. The stock had previously closed at C$0.16.

StrikePoint Gold Price Performance

The stock has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.16. The firm has a market cap of C$7.07 million, a price-to-earnings ratio of -1.02 and a beta of 1.96.

About StrikePoint Gold

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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.

Further Reading

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