StrikePoint Gold (CVE:SKP) Shares Up 23.8% – Still a Buy?

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) shot up 23.8% on Saturday . The stock 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 Trading Up 23.8%

The stock has a market cap of C$5.41 million, a P/E ratio of -1.63 and a beta of 0.23. The stock’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.12.

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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