Gitennes Exploration (CVE:GIT) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Gitennes Exploration Inc. (CVE:GIT)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.11 and traded as high as C$0.26. Gitennes Exploration shares last traded at C$0.25, with a volume of 87,000 shares.

Gitennes Exploration Trading Up 16.3 %

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 market capitalization of C$2.31 million, a PE ratio of -4.17 and a beta of 0.28. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.05.

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.