Gitennes Exploration (CVE:GIT) Stock Price Up 31.6% – Still a Buy?

Gitennes Exploration Inc. (CVE:GITGet Free Report) rose 31.6% during trading on Tuesday . The stock traded as high as C$0.26 and last traded at C$0.25. Approximately 155,260 shares traded hands during mid-day trading, an increase of 770% from the average daily volume of 17,855 shares. The stock had previously closed at C$0.19.

Gitennes Exploration Stock Up 5.5 %

The stock has a market cap of C$2.68 million, a price-to-earnings ratio of -4.83 and a beta of 0.28. 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 business’s fifty day moving average is C$0.09 and its two-hundred day moving average is C$0.04.

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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