Kootenay Silver (CVE:KTN) Reaches New 1-Year High - What's Next?

Key Points

• Kootenay Silver Inc.'s shares hit a new 52-week high of C$1.79, with a notable trading volume of 386,230 shares.
• The company's debt-to-equity ratio stands at 0.33, highlighting a strong financial position, while its market capitalization is approximately C$147.08 million.
• Kootenay Silver is involved in the exploration of mineral properties, primarily focusing on silver, gold, lead, and zinc ores across multiple projects in Mexico and Canada.

Shares of Kootenay Silver Inc. (CVE:KTN - ) reached a new 52-week high on Friday . The company traded as high as C$1.79 and last traded at C$1.79, with a volume of 386230 shares changing hands. The stock had previously closed at C$1.58.

Kootenay Silver Stock Up 14.2%

The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87. The stock has a fifty day moving average price of C$1.27 and a two-hundred day moving average price of C$1.09. The company has a market cap of C$147.08 million, a P/E ratio of -25.79 and a beta of 0.75.

About Kootenay Silver

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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