StrikePoint Gold (CVE:SKP) Shares Down 32.6% – Time to Sell?

StrikePoint Gold Inc. (CVE:SKPGet Free Report) dropped 32.6% during mid-day trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.16. Approximately 143,700 shares traded hands during trading, an increase of 550% from the average daily volume of 22,114 shares. The stock had previously closed at C$0.23.

StrikePoint Gold Stock Up 6.3 %

The company has a market capitalization of C$44.86 million, a P/E ratio of -8.50 and a beta of 1.96. The firm’s 50-day moving average price is C$0.17 and its 200 day moving average price is C$0.08.

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.

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