Gitennes Exploration (CVE:GIT) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Gitennes Exploration Inc. (CVE:GIT) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Gitennes Exploration Trading Down 6.5%

The firm has a market capitalization of C$3.98 million, a price-to-earnings ratio of -7.17 and a beta of 0.28. The firm’s 50 day moving average is C$0.43 and its 200 day moving average is C$0.43. The company has a quick ratio of 0.99, a current ratio of 0.13 and a debt-to-equity ratio of 25.52.

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. The company is based in Vancouver, Canada.