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

Gitennes Exploration Inc. (CVE:GIT) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.17 and traded as high as C$0.23. Gitennes Exploration shares last traded at C$0.23, with a volume of 4,000 shares changing hands.

Gitennes Exploration Stock Down 8.0 %

The company has a quick ratio of 0.99, a current ratio of 0.13 and a debt-to-equity ratio of 25.52. The firm has a market cap of C$2.13 million, a P/E ratio of -3.83 and a beta of 0.28. The stock’s 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.08.

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.