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

Gitennes Exploration Inc. (CVE:GIT)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 traded.

Gitennes Exploration Price Performance

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 firm has a fifty day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.43. The firm has a market cap of C$3.98 million, a PE ratio of -7.17 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. The company is based in Vancouver, Canada.