Gitennes Exploration (CVE:GIT) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Gitennes Exploration Inc. (CVE:GIT) 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.

Gitennes Exploration Stock Performance

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 firm has a market cap of C$3.98 million, a P/E ratio of -7.17 and a beta of 0.28. The business has a fifty day simple moving average of C$0.43 and a 200-day simple moving average of C$0.43.

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.