Kootenay Silver (CVE:KTN) Stock Price Up 13.3% - Should You Buy?

Kootenay Silver Inc. (CVE:KTN - Get Free Report)'s share price was up 13.3% on Friday . The company traded as high as C$1.36 and last traded at C$1.36. Approximately 219,504 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 166,675 shares. The stock had previously closed at C$1.20.

Kootenay Silver Price Performance

The stock's 50 day moving average price is C$1.07 and its two-hundred day moving average price is C$1.01. The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87. The firm has a market capitalization of C$87.54 million, a price-to-earnings ratio of -20.93 and a beta of 0.01.

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.