Kootenay Silver (CVE:KTN) Trading Up 15.1% - Here's Why

Key Points

• Kootenay Silver Inc. (CVE:KTN) experienced a notable stock price increase of 15.1% during mid-day trading, reaching a high of C$1.70.
• The trading volume surged by 119% compared to the average daily volume, with approximately 436,849 shares traded.
• The company has strong liquidity ratios, including a current ratio of 39.98 and a quick ratio of 47.87, indicating good financial health.

Kootenay Silver Inc. (CVE:KTN - )'s stock price was up 15.1% during mid-day trading on Thursday . The stock traded as high as C$1.70 and last traded at C$1.68. Approximately 436,849 shares traded hands during mid-day trading, an increase of 119% from the average daily volume of 199,386 shares. The stock had previously closed at C$1.46.

Kootenay Silver Trading Up 8.2%

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 fifty day simple moving average of C$1.26 and a 200-day simple moving average of C$1.09. The firm has a market cap of C$128.74 million, a P/E ratio of -22.57 and a beta of 0.75.

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.

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