StrikePoint Gold (CVE:SKP) Trading 26.3% Higher – Still a Buy?

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) shot up 26.3% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 227,125 shares were traded during mid-day trading, an increase of 274% from the average session volume of 60,701 shares. The stock had previously closed at C$0.10.

StrikePoint Gold Price Performance

The company’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.12. The firm has a market capitalization of C$4.37 million, a PE ratio of -1.31 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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