Kootenay Silver Inc. (CVE:KTN – Get Free Report)’s share price dropped 13.4% during mid-day trading on Tuesday. The stock traded as low as C$0.82 and last traded at C$0.84. Approximately 160,576 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 335,219 shares. The stock had previously closed at C$0.97.
Kootenay Silver Stock Down 14.4%
The company has a 50-day simple moving average of C$1.07 and a 200-day simple moving average of C$1.41. The firm has a market cap of C$85.33 million, a PE ratio of -8.30 and a beta of 3.61. The company has a debt-to-equity ratio of 0.08, a current ratio of 84.86 and a quick ratio of 47.87.
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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