Gitennes Exploration (CVE:GIT) Trading Down 20.7% – Should You Sell?

by · The Cerbat Gem

Gitennes Exploration Inc. (CVE:GIT – Get Free Report) shares traded down 20.7% during mid-day trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 89,000 shares changed hands during mid-day trading, an increase of 254% from the average session volume of 25,144 shares. The stock had previously closed at C$0.29.

Gitennes Exploration Trading Down 20.7 %

The company has a current ratio of 0.13, a quick ratio of 0.99 and a debt-to-equity ratio of 25.52. The firm has a market capitalization of C$2.13 million, a P/E ratio of -3.83 and a beta of 0.28. The business has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.04.

Gitennes Exploration Company Profile

(Get Free Report)

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.

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