Kootenay Silver (CVE:KTN) Hits New 52-Week High - Here's Why

Key Points

• Kootenay Silver's stock (CVE: KTN) reached a new 52-week high of C$1.86 during trading, closing at C$1.85 with a volume of 505,009 shares.
• The company has a market capitalization of C$150.74 million and a debt-to-equity ratio of 0.33, reflecting a stable financial position.
• Kootenay Silver is primarily focused on the exploration and development of silver, gold, lead, and zinc properties in Mexico and Canada, including significant projects in Chihuahua and Sonora.

Kootenay Silver Inc. (CVE:KTN - )'s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$1.86 and last traded at C$1.85, with a volume of 505009 shares. The stock had previously closed at C$1.56.

Kootenay Silver Price Performance

The company has a fifty day moving average price of C$1.31 and a two-hundred day moving average price of C$1.12. The company has a current ratio of 39.98, a quick ratio of 47.87 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of C$150.74 million, a PE ratio of -26.43 and a beta of 0.75.

Kootenay Silver Company Profile

Kootenay Silver Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico and Canada. The company explores for silver, gold, lead, and zinc ores. It primarily holds interests in the La Cigarra silver project covering an area of approximately 18,000 hectares located within the Parral Mining District in the state of Chihuahua, north central Mexico; Promontorio and La Negra silver discoveries situated in Sonora, Mexico; Columba Silver project located in Chihuahua, Mexico; and Copalito Silver-gold project located in Sinaloa, Mexico.

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