StrikePoint Gold (CVE:SKP) Trading Down 2.9% – Here’s Why

Shares of StrikePoint Gold Inc. (CVE:SKPGet Free Report) dropped 2.9% during trading on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 59,430 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 20,870 shares. The stock had previously closed at C$0.18.

StrikePoint Gold Trading Down 2.9 %

The company has a market cap of C$44.86 million, a price-to-earnings ratio of -8.50 and a beta of 1.96. The company has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.11.

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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