StrikePoint Gold (CVE:SKP) Stock Price Up 23.8% – Here’s What Happened

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

StrikePoint Gold Stock Performance

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

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.

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