Kootenay Silver (CVE:KTN) Reaches New 12-Month High – Still a Buy?

Kootenay Silver Inc. (CVE:KTN) shares hit a new 52-week high on Friday . The company traded as high as C$2.38 and last traded at C$2.38, with a volume of 757615 shares. The stock had previously closed at C$2.02.

Kootenay Silver Stock Up 17.8%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 47.87 and a current ratio of 39.98. The stock has a market cap of C$208.28 million, a price-to-earnings ratio of -29.75 and a beta of 1.37. The business’s 50 day moving average is C$1.63 and its 200 day moving average is C$1.45.

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.