Gitennes Exploration (CVE:GIT) Sets New 52-Week High – Here’s Why

Gitennes Exploration Inc. (CVE:GIT) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30, with a volume of 13985 shares changing hands. The stock had previously closed at C$0.28.

Gitennes Exploration Stock Up 7.3 %

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$2.73 million, a P/E ratio of -4.58 and a beta of 0.28. The stock’s 50-day simple moving average is C$0.18 and its 200 day simple moving average is C$0.09.

About Gitennes Exploration

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.