Kootenay Silver (CVE:KTN) Shares Up 12.9% - Here's What Happened

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s share price shot up 12.9% on Friday . The stock traded as high as C$1.41 and last traded at C$1.36. 331,439 shares traded hands during trading, an increase of 98% from the average session volume of 167,593 shares. The stock had previously closed at C$1.20.

Kootenay Silver Stock Up 2.9%

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 has a market cap of C$90.08 million, a P/E ratio of -21.54 and a beta of 0.01. The company's 50 day moving average price is C$1.07 and its two-hundred day moving average price is 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.