Kootenay Silver (CVE:KTN) Trading Down 3.1% - Here's What Happened

Kootenay Silver Inc. (CVE:KTN - Get Free Report) shares traded down 3.1% during mid-day trading on Thursday . The company traded as low as C$1.21 and last traded at C$1.25. 336,542 shares were traded during trading, an increase of 167% from the average session volume of 125,978 shares. The stock had previously closed at C$1.29.

Kootenay Silver Price Performance

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 company has a market capitalization of C$73.59 million, a PE ratio of -17.60 and a beta of 0.01. The business's 50-day simple moving average is C$1.02 and its 200-day simple moving average is C$1.00.

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.