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

Gitennes Exploration Inc. (CVE:GIT) passed above its 50-day moving average during trading on Wednesday . 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.

Gitennes Exploration Stock Performance

The company has a debt-to-equity ratio of 25.52, a current ratio of 0.13 and a quick ratio of 0.99. The company has a 50 day simple moving average of C$0.43 and a 200-day simple moving average of C$0.43. The stock has a market capitalization of C$3.98 million, a P/E 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. The company is based in Vancouver, Canada.