StrikePoint Gold (CVE:SKP) Trading 19.4% Higher – Here’s Why

StrikePoint Gold Inc. (CVE:SKPGet Free Report)’s share price shot up 19.4% during mid-day trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 420,388 shares changed hands during trading, an increase of 1,227% from the average session volume of 31,681 shares. The stock had previously closed at C$0.16.

StrikePoint Gold Stock Performance

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

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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