Kootenay Silver (CVE:KTN) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Kootenay Silver Inc. (CVE:KTN) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.81 and traded as low as C$1.74. Kootenay Silver shares last traded at C$1.93, with a volume of 473,782 shares traded.

Kootenay Silver Trading Down 1.5%

The firm has a market capitalization of C$185.29 million, a P/E ratio of -24.25 and a beta of 2.54. The company has a quick ratio of 47.87, a current ratio of 71.65 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of C$2.06 and a 200 day simple moving average of C$1.82.

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.