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

Gitennes Exploration Inc. (CVE:GIT) crossed above its 50 day moving average during trading on Tuesday . 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 changing hands.

Gitennes Exploration Stock Down 6.5%

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 stock has a 50 day moving average price of C$0.43 and a 200 day moving average price of C$0.43. The company has a market cap 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.