StrikePoint Gold (CVE:SKP) Trading 9.7% Higher – Still a Buy?

StrikePoint Gold Inc. (CVE:SKPGet Free Report) was up 9.7% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 79,850 shares changed hands during mid-day trading, an increase of 229% from the average daily volume of 24,304 shares. The stock had previously closed at C$0.16.

StrikePoint Gold Stock Up 9.7 %

The firm has a market cap of C$7.07 million, a P/E ratio of -1.02 and a beta of 1.96. The company’s 50 day simple moving average is C$0.16 and its 200-day simple moving average is C$0.15.

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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