Kootenay Silver (CVE:KTN) Trading Up 12.9% - Should You Buy?

Shares of Kootenay Silver Inc. (CVE:KTN - Get Free Report) were up 12.9% during mid-day trading on Friday . The company traded as high as C$1.41 and last traded at C$1.36. Approximately 331,439 shares were traded during mid-day trading, an increase of 98% from the average daily volume of 167,593 shares. The stock had previously closed at C$1.20.

Kootenay Silver Stock Up 15.0%

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 company has a market cap of C$87.54 million, a price-to-earnings ratio of -20.93 and a beta of 0.01. The business has a 50-day simple moving average of C$1.07 and a 200-day simple moving average of C$1.01.

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.