StrikePoint Gold (CVE:SKP) Trading 19.4% Higher – Still a Buy?

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) were up 19.4% during trading on Thursday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 420,388 shares changed hands during trading, an increase of 1,227% from the average daily volume of 31,681 shares. The stock had previously closed at C$0.16.

StrikePoint Gold Price Performance

The stock has a market capitalization of C$7.07 million, a price-to-earnings ratio of -1.02 and a beta of 1.96. The company’s fifty day simple moving average is C$0.16 and its 200 day simple moving average is C$0.16.

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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