Gunpoint Exploration (CVE:GUN) Trading Down 6.2%

Gunpoint Exploration Ltd (CVE:GUN)’s share price was down 6.2% on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 5,000 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 7,595 shares. The stock had previously closed at C$0.48.

The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 15.20. The business’s fifty day moving average is C$0.45. The company has a market cap of $20.88 million and a PE ratio of -25.00.

About Gunpoint Exploration (CVE:GUN)

Gunpoint Exploration Ltd. engages in the acquisition and exploration of precious metal properties in the United States, Mexico, and Guatemala. It primarily holds a 100% interest in the Talapoosa gold-silver project comprising 509 unpatented lode mining claims covering an area of approximately 14,870 acres located in Lyon County, Nevada.

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