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Kootenay Silver (CVE:KTN) Shares Down 16.2% - Here's What Happened

Kootenay Silver logo with Basic Materials background

Kootenay Silver Inc. (CVE:KTN - Get Free Report) dropped 16.2% during trading on Saturday . The stock traded as low as C$1.07 and last traded at C$1.09. Approximately 1,257,425 shares traded hands during trading, an increase of 588% from the average daily volume of 182,748 shares. The stock had previously closed at C$1.30.

Kootenay Silver Stock Down 16.2%

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 company has a market capitalization of C$69.15 million, a PE ratio of -16.53 and a beta of 0.01. The stock has a 50-day moving average of C$1.11 and a 200 day moving average of C$1.02.

About Kootenay Silver

(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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