Gitennes Exploration (CVE:GIT) Reaches New 1-Year High – Here’s What Happened

Gitennes Exploration Inc. (CVE:GIT) reached a new 52-week high on Wednesday . The company traded as high as C$0.40 and last traded at C$0.38, with a volume of 46805 shares trading hands. The stock had previously closed at C$0.37.

Gitennes Exploration Stock Performance

The firm has a market cap of C$3.24 million, a P/E ratio of -6.17 and a beta of 0.28. The stock’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.10. The company has a debt-to-equity ratio of 25.52, a current ratio of 0.13 and a quick ratio of 0.99.

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.