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

by · The Markets Daily

Gitennes Exploration Inc. (CVE:GITGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . 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 traded.

Gitennes Exploration Trading Down 6.5%

The company has a fifty day moving average of C$0.43 and a two-hundred day moving average of C$0.43. 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 stock has a market capitalization of C$3.98 million, a price-to-earnings ratio of -7.17 and a beta of 0.28.

About Gitennes Exploration

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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.

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