Gitennes Exploration (CVE:GIT) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Gitennes Exploration Inc. (CVE:GIT)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.11 and traded as high as C$0.26. Gitennes Exploration shares last traded at C$0.25, with a volume of 87,000 shares changing hands.

Gitennes Exploration Stock Up 16.3 %

The company has a current ratio of 0.13, a quick ratio of 0.99 and a debt-to-equity ratio of 25.52. The firm has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.05. The firm has a market cap of C$2.31 million, a price-to-earnings ratio of -4.17 and a beta of 0.28.

About Gitennes Exploration

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.