Kootenay Silver (CVE:KTN) Stock Falls 13.4% – Should You Sell?

Kootenay Silver Inc. (CVE:KTN)’s share price traded down 13.4% on Tuesday. The company traded as low as C$0.82 and last traded at C$0.84. Approximately 160,576 shares were traded during mid-day trading, a decline of 52% from the average session volume of 335,219 shares. The stock had previously closed at C$0.97.

Kootenay Silver Price Performance

The stock has a fifty day moving average of C$1.06 and a two-hundred day moving average of C$1.39. The stock has a market cap of C$83.28 million, a price-to-earnings ratio of -8.10 and a beta of 3.61. The company has a quick ratio of 47.87, a current ratio of 84.86 and a debt-to-equity ratio of 0.08.

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.