StrikePoint Gold (CVE:SKP) Shares Climb 19.8% – Should You Buy?

StrikePoint Gold Inc. (CVE:SKP – Get Free Report) shares shot up 19.8% during trading on Friday. The stock traded as high as C$2.01 and last traded at C$2.00. 138,237 shares changed hands during mid-day trading, an increase of 622% from the average daily volume of 19,150 shares. The stock had previously closed at C$1.67.

StrikePoint Gold Trading Up 19.8%

The firm has a market capitalization of C$14.48 million, a P/E ratio of -2.00 and a beta of 1.26. The firm has a 50 day moving average price of C$0.19 and a 200-day moving average price of C$0.18.

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. StrikePoint Gold Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.

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