Kootenay Silver (CVE:KTN) Sets New 12-Month Low – What’s Next?

Kootenay Silver Inc. (CVE:KTN)’s stock price hit a new 52-week low on Friday. The stock traded as low as C$0.75 and last traded at C$0.77, with a volume of 89,639 shares changing hands. The stock had previously closed at C$0.81.

Kootenay Silver Price Performance

The company has a current ratio of 84.86, a quick ratio of 47.87 and a debt-to-equity ratio of 0.08. The stock has a fifty day simple moving average of C$1.03 and a 200-day simple moving average of C$1.38. The stock has a market cap of C$80.19 million, a price-to-earnings ratio of -7.80 and a beta of 3.61.

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.