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Kootenay Silver (CVE:KTN) Shares Cross Above 200-Day Moving Average - Here's What Happened

Kootenay Silver logo with Basic Materials background

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.99 and traded as high as C$1.27. Kootenay Silver shares last traded at C$1.25, with a volume of 434,320 shares changing hands.

Kootenay Silver Trading Down 3.2%

The stock has a market cap of C$76.76 million, a P/E ratio of -18.35 and a beta of 0.01. The stock's fifty day moving average is C$0.97 and its 200 day moving average is C$0.99. The company has a debt-to-equity ratio of 0.33, a quick ratio of 47.87 and a current ratio of 39.98.

About Kootenay Silver

(Get Free Report)

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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