Gitennes Exploration (CVE:GIT) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Gitennes Exploration Inc. (CVE:GITGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.32 and traded as high as C$0.50. Gitennes Exploration shares last traded at C$0.45, with a volume of 176,000 shares.

Gitennes Exploration Stock Performance

The company’s fifty day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.16. The company has a debt-to-equity ratio of 25.52, a quick ratio of 0.99 and a current ratio of 0.13. The stock has a market capitalization of C$4.21 million, a P/E ratio of -7.58 and a beta of 0.28.

Gitennes Exploration Company Profile

(Get Free Report)

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.

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