Gitennes Exploration Stock Today

GIT Stock  CAD 0.01  0.00  0.00%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 46

 
High
 
Low
About Average
Gitennes Exploration is selling for under 0.01 as of the 18th of June 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.01. Gitennes Exploration has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Gitennes Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of April 2024 and ending today, the 18th of June 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Gitennes Exploration Inc. explores for mineral deposits in Peru and Canada. Gitennes Exploration Inc. was incorporated in 1992 and is based in Vancouver, Canada. GITENNES EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 68.55 M outstanding shares of which 107 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Gitennes Exploration

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Gitennes Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gitennes Exploration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gitennes Exploration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Gitennes Exploration's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gitennes Exploration's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Gitennes Exploration can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gitennes Exploration's financial leverage. It provides some insight into what part of Gitennes Exploration's total assets is financed by creditors.
Liquidity
Gitennes Exploration cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Gitennes Exploration has accumulated 490.22 K in total debt with debt to equity ratio (D/E) of 27.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gitennes Exploration has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gitennes Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Gitennes Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gitennes Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gitennes to invest in growth at high rates of return. When we think about Gitennes Exploration's use of debt, we should always consider it together with cash and equity.

Net Income

(457,743)
Gitennes Exploration (GIT) is traded on TSX Venture Exchange in Canada and employs 2 people. Gitennes Exploration is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 342.74 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gitennes Exploration's market, we take the total number of its shares issued and multiply it by Gitennes Exploration's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gitennes Exploration classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 68.55 M outstanding shares of which 107 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. Gitennes Exploration has accumulated about 6.8 K in cash with (72.05 K) of positive cash flow from operations.
Check Gitennes Exploration Probability Of Bankruptcy
Ownership Allocation
Gitennes Exploration has a total of 68.55 Million outstanding shares. Roughly 97.0 (percent) of Gitennes Exploration outstanding shares are held by general public with 1.79 % owned by insiders and only 0.78 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Gitennes Ownership Details

Gitennes Exploration Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gitennes Exploration market risk premium is the additional return an investor will receive from holding Gitennes Exploration long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gitennes Exploration. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Gitennes Exploration's alpha and beta are two of the key measurements used to evaluate Gitennes Exploration's performance over the market, the standard measures of volatility play an important role as well.

Gitennes Stock Against Markets

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Additional Tools for Gitennes Stock Analysis

When running Gitennes Exploration's price analysis, check to measure Gitennes Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gitennes Exploration is operating at the current time. Most of Gitennes Exploration's value examination focuses on studying past and present price action to predict the probability of Gitennes Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gitennes Exploration's price. Additionally, you may evaluate how the addition of Gitennes Exploration to your portfolios can decrease your overall portfolio volatility.