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

Key Points

• Kootenay Silver Inc. (CVE:KTN) shares have surpassed their 200-day moving average of C$1.22, trading as high as C$1.81 before settling at C$1.72 during Tuesday's session.
• The stock recently gained 3.6% and has a market capitalization of C$140.15 million, with a price-to-earnings ratio of -24.57.
• Kootenay Silver primarily focuses on the exploration of silver, gold, lead, and zinc ores across several projects in Mexico and Canada.

Kootenay Silver Inc. (CVE:KTN - )'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.22 and traded as high as C$1.81. Kootenay Silver shares last traded at C$1.72, with a volume of 688,554 shares.

Kootenay Silver Stock Up 3.6%

The firm has a 50-day moving average of C$1.52 and a 200 day moving average of C$1.22. The stock has a market capitalization of C$140.15 million, a price-to-earnings ratio of -24.57 and a beta of 1.10. The company has a current ratio of 39.98, a quick ratio of 47.87 and a debt-to-equity ratio of 0.33.

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.

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