Gitennes Exploration (CVE:GIT) Reaches New 12-Month High – Here’s Why

Shares of Gitennes Exploration Inc. (CVE:GITGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.55 and last traded at C$0.52, with a volume of 77600 shares. The stock had previously closed at C$0.50.

Gitennes Exploration Stock Performance

The stock has a market cap of C$4.90 million, a price-to-earnings ratio of -8.83 and a beta of 0.28. The company has a current ratio of 0.13, a quick ratio of 0.99 and a debt-to-equity ratio of 25.52. The firm has a fifty day simple moving average of C$0.34 and a 200-day simple moving average of C$0.17.

About Gitennes Exploration

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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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