Kootenay Silver (CVE:KTN) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Kootenay Silver Inc. (CVE:KTN)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.34 and traded as high as C$1.50. Kootenay Silver shares last traded at C$1.50, with a volume of 257,419 shares traded.

Kootenay Silver Stock Performance

The stock has a 50 day simple moving average of C$1.59 and a two-hundred day simple moving average of C$1.34. The company has a market cap of C$134.45 million, a PE ratio of -23.57 and a beta of 1.45. The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87.

Kootenay Silver Company Profile

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.