Gitennes Exploration (CVE:GIT) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Gitennes Exploration Inc. (CVE:GIT) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.43 and traded as high as C$0.43. Gitennes Exploration shares last traded at C$0.43, with a volume of 27,500 shares changing hands.

Gitennes Exploration Stock Performance

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$3.98 million, a price-to-earnings ratio of -7.17 and a beta of 0.28. The business’s 50-day simple moving average is C$0.43 and its two-hundred day simple moving average is C$0.34.

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.