Gitennes Exploration (CVE:GIT) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Gitennes Exploration Inc. (CVE:GIT)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.42 and traded as high as C$0.43. Gitennes Exploration shares last traded at C$0.43, with a volume of 27,500 shares.

Gitennes Exploration Stock Down 6.5 %

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’s fifty day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.23. The company has a market capitalization of C$3.98 million, a price-to-earnings ratio of -7.17 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.