StrikePoint Gold (CVE:SKP) Trading 19.4% Higher – Should You Buy?

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) were up 19.4% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 420,388 shares changed hands during mid-day 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 Stock Performance

The stock has a market cap of C$7.07 million, a price-to-earnings ratio of -1.02 and a beta of 1.96. The firm has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.16.

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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