Kootenay Silver (CVE:KTN) Trading 17.5% Higher - Should You Buy?

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

Kootenay Silver Stock Up 2.9%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 47.87 and a current ratio of 39.98. The firm has a market capitalization of C$90.08 million, a P/E ratio of -21.54 and a beta of 0.01. The stock has a fifty day moving average price of C$1.07 and a two-hundred day moving average price of C$1.01.

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.