Gitennes Exploration (CVE:GIT) Trading Up 19.1% – Still a Buy?

Gitennes Exploration Inc. (CVE:GIT)’s stock price shot up 19.1% during trading on Tuesday . The company traded as high as C$0.28 and last traded at C$0.28. 255,720 shares were traded during trading, an increase of 711% from the average session volume of 31,535 shares. The stock had previously closed at C$0.24.

Gitennes Exploration Stock Up 19.1 %

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 company has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.08. The firm has a market capitalization of C$2.59 million, a PE ratio of -3.92 and a beta of 0.28.

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.