StrikePoint Gold (CVE:SKP) Trading 26.9% Higher – Here’s Why

StrikePoint Gold Inc. (CVE:SKPGet Free Report)’s stock price rose 26.9% during mid-day trading on Monday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 172,178 shares were traded during trading, an increase of 169% from the average daily volume of 63,900 shares. The stock had previously closed at C$0.13.

StrikePoint Gold Stock Performance

The firm’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12. The company has a market capitalization of C$7.07 million, a price-to-earnings ratio of -2.13 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.

Further Reading

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