Gitennes Exploration (CVE:GIT) Stock Price Up 21.6% – Here’s Why

Gitennes Exploration Inc. (CVE:GIT) rose 21.6% on Wednesday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 143,100 shares traded hands during mid-day trading, an increase of 285% from the average daily volume of 37,182 shares. The stock had previously closed at C$0.37.

Gitennes Exploration Price Performance

The company has a debt-to-equity ratio of 25.52, a current ratio of 0.13 and a quick ratio of 0.99. The stock has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.11. The firm has a market capitalization of C$4.16 million, a price-to-earnings ratio of -7.50 and a beta of 0.28.

Gitennes Exploration Company Profile

Gitennes Exploration Inc, a junior mineral exploration company, acquires and explores for mineral properties. The company primarily explores for gold, copper, and silver deposits. It holds interests in the New Mosher, Maxwell, and JMW gold properties in northern Quebec; the Snowbird gold property in northern British Columbia; and three gold/copper properties in the Gaspé region of Quebec, Canada, as well as a royalty interest in the Urumalqui silver property in Peru.