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Kootenay Silver (CVE:KTN) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Kootenay Silver logo with Basic Materials background

Shares of Kootenay Silver Inc. (CVE:KTN - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.01 and traded as high as C$1.43. Kootenay Silver shares last traded at C$1.38, with a volume of 521,613 shares changing hands.

Kootenay Silver Stock Up 15.0%

The company has a quick ratio of 47.87, a current ratio of 39.98 and a debt-to-equity ratio of 0.33. The stock's 50-day simple moving average is C$1.07 and its 200 day simple moving average is C$1.01. The firm has a market cap of C$87.54 million, a P/E ratio of -20.93 and a beta of 0.01.

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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