Kootenay Silver (CVE:KTN) Trading 11% Higher - What's Next?

Kootenay Silver Inc. (CVE:KTN - Get Free Report) was up 11% during mid-day trading on Wednesday . The company traded as high as C$1.21 and last traded at C$1.21. Approximately 321,716 shares changed hands during mid-day trading, an increase of 193% from the average daily volume of 109,800 shares. The stock had previously closed at C$1.09.

Kootenay Silver Stock Up 14.7%

The stock has a market cap of C$79.30 million, a PE ratio of -18.96 and a beta of 0.01. The business has a 50 day moving average of C$0.98 and a 200-day moving average of C$0.99. The company has a current ratio of 39.98, a quick ratio of 47.87 and a debt-to-equity ratio of 0.33.

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.

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