Kootenay Silver (CVE:KTN) Hits New 12-Month Low – Should You Sell?

Kootenay Silver Inc. (CVE:KTN – Get Free Report)’s stock price reached a new 52-week low on Monday. The company traded as low as C$0.78 and last traded at C$0.81, with a volume of 39,968 shares changing hands. The stock had previously closed at C$0.80.

Kootenay Silver Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 47.87 and a current ratio of 84.86. The company has a market capitalization of C$87.39 million, a price-to-earnings ratio of -8.50 and a beta of 3.42. The firm has a fifty day moving average price of C$1.16 and a 200-day moving average price of C$1.48.

About Kootenay Silver

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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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