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Kootenay Silver (CVE:KTN) Shares Up 17.5% - Here's Why

Kootenay Silver logo with Basic Materials background

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s stock price was up 17.5% on Friday . The company traded as high as C$1.41 and last traded at C$1.41. Approximately 392,327 shares changed hands during trading, an increase of 133% from the average daily volume of 168,681 shares. The stock had previously closed at C$1.20.

Kootenay Silver Price Performance

The stock has a market cap of C$87.86 million, a price-to-earnings ratio of -21.01 and a beta of 0.01. The company's 50 day moving average is C$1.06 and its 200 day moving average is C$1.01. The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87.

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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