Kootenay Silver (CVE:KTN) Reaches New 12-Month High – What’s Next?

Shares of Kootenay Silver Inc. (CVE:KTN) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$2.34 and last traded at C$2.46, with a volume of 800351 shares trading hands. The stock had previously closed at C$2.12.

Kootenay Silver Stock Up 16.5%

The firm has a market cap of C$216.15 million, a PE ratio of -30.88 and a beta of 1.37. 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 business has a fifty day moving average price of C$1.70 and a two-hundred day moving average price of C$1.51.

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.