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Kootenay Silver (CVE:KTN) Shares Down 3.1% - Here's Why

Kootenay Silver logo with Basic Materials background

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s share price was 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. Approximately 336,542 shares were traded during mid-day trading, an increase of 167% from the average daily volume of 125,978 shares. The stock had previously closed at C$1.29.

Kootenay Silver Price Performance

The stock has a market cap of C$73.27 million, a PE ratio of -17.52 and a beta of 0.01. The business's 50-day simple moving average is C$1.01 and its 200-day simple moving average is C$1.00. The company has a quick ratio of 47.87, a current ratio of 39.98 and a debt-to-equity ratio of 0.33.

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.

Further Reading

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