StrikePoint Gold (CVE:SKP) Stock Falls 7.7% – Here’s What Happened

StrikePoint Gold Inc. (CVE:SKP – Get Free Report) shares fell 7.7% during mid-day trading on Wednesday. The stock traded as low as C$1.50 and last traded at C$1.55. Approximately 193,367 shares changed hands during trading, an increase of 715% from the average daily volume of 23,732 shares. The stock had previously closed at C$1.68.

StrikePoint Gold Price Performance

The stock has a market cap of C$11.22 million, a price-to-earnings ratio of -1.55 and a beta of 1.26. The business’s fifty day simple moving average is C$1.65 and its 200 day simple moving average is C$1.67.

About StrikePoint Gold

(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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