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

Gitennes Exploration Inc. (CVE:GITGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.43 and traded as low as C$0.40. Gitennes Exploration shares last traded at C$0.43, with a volume of 27,500 shares changing hands.

Gitennes Exploration Stock Performance

The stock has a market capitalization of C$3.98 million, a PE ratio of -7.17 and a beta of 0.28. The firm’s fifty day moving average is C$0.43 and its 200-day moving average is C$0.43. The company has a current ratio of 0.13, a quick ratio of 0.99 and a debt-to-equity ratio of 25.52.

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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