Gitennes Exploration (CVE:GIT) Sets New 52-Week High – Still a Buy?

Shares of Gitennes Exploration Inc. (CVE:GIT) reached a new 52-week high on Friday . The company traded as high as C$0.55 and last traded at C$0.52, with a volume of 77600 shares changing hands. The stock had previously closed at C$0.50.

Gitennes Exploration Stock Up 6.0 %

The firm has a market cap of C$4.90 million, a PE 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 stock has a fifty day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.18.

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.