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

Gitennes Exploration Inc. (CVE:GIT)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.15 and traded as high as C$0.25. Gitennes Exploration shares last traded at C$0.25, with a volume of 1,000 shares traded.

Gitennes Exploration Stock Performance

The company has a debt-to-equity ratio of 25.52, a current ratio of 0.13 and a quick ratio of 0.99. The firm has a market capitalization of C$2.31 million, a PE ratio of -4.17 and a beta of 0.28. The firm has a fifty day moving average price of C$0.15 and a 200 day moving average price of C$0.07.

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.