Kootenay Silver (CVE:KTN) Reaches New 12-Month High – Here’s Why

Kootenay Silver Inc. (CVE:KTN) hit a new 52-week high on Tuesday . The stock traded as high as C$2.67 and last traded at C$2.51, with a volume of 580088 shares changing hands. The stock had previously closed at C$2.43.

Kootenay Silver Trading Up 4.9%

The stock has a market capitalization of C$223.15 million, a P/E ratio of -31.88 and a beta of 2.33. The company has a current ratio of 39.98, a quick ratio of 47.87 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average price of C$1.96 and a two-hundred day moving average price of C$1.62.

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.