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Kootenay Silver (CVE:KTN) Trading 11% Higher - Still a Buy?

Kootenay Silver logo with Basic Materials background

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

Kootenay Silver Stock Performance

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 capitalization of C$76.13 million, a price-to-earnings ratio of -18.20 and a beta of 0.01. The stock's 50-day simple moving average is C$1.00 and its 200 day simple moving average is C$0.99.

Kootenay Silver Company Profile

(Get Free Report)

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.

Further Reading

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