StrikePoint Gold (CVE:SKP) Shares Up 23.8% – Here’s Why

StrikePoint Gold Inc. (CVE:SKPGet Free Report) shares shot up 23.8% on Saturday . The company traded as high as C$0.16 and last traded at C$0.13. 434,050 shares traded hands during mid-day trading, an increase of 584% from the average session volume of 63,459 shares. The stock had previously closed at C$0.11.

StrikePoint Gold Stock Performance

The stock has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.12. The stock has a market cap of C$5.41 million, a PE ratio of -1.63 and a beta of 0.23.

StrikePoint Gold Company Profile

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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.

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