StrikePoint Gold (CVE:SKP) Stock Price Up 2.4% – Still a Buy?

StrikePoint Gold Inc. (CVE:SKPGet Free Report) shares shot up 2.4% during trading on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22. 111,820 shares changed hands during trading, a decline of 66% from the average session volume of 325,009 shares. The stock had previously closed at C$0.21.

StrikePoint Gold Price Performance

The firm’s fifty day moving average price is C$0.17 and its 200-day moving average price is C$0.16. The company has a market cap of C$13.41 million, a price-to-earnings ratio of -4.30 and a beta of 2.09.

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

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