Gitennes Exploration (CVE:GIT) Stock Price Up 21.6% – Here’s Why

Gitennes Exploration Inc. (CVE:GITGet Free Report)’s share price rose 21.6% during trading on Wednesday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 143,100 shares were traded during trading, an increase of 285% from the average daily volume of 37,182 shares. The stock had previously closed at C$0.37.

Gitennes Exploration Price Performance

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 company has a market cap of C$4.16 million, a PE ratio of -7.50 and a beta of 0.28. The stock has a 50-day simple moving average of C$0.23 and a 200 day simple moving average of C$0.11.

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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