Kootenay Silver (CVE:KTN) Sets New 52-Week High - Here's What Happened

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.

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as C$1.79 and last traded at C$1.79, with a volume of 386230 shares traded. The stock had previously closed at C$1.58.

Kootenay Silver Trading Down 1.9%

The firm has a market capitalization of C$125.48 million, a PE ratio of -22.00 and a beta of 0.75. The firm's fifty day moving average is C$1.30 and its two-hundred day moving average is C$1.11. The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87.

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.