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

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

Gitennes Exploration Stock Performance

The company has a market cap of C$2.54 million, a PE ratio of -4.58 and a beta of 0.28. 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 firm’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.09.

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.