Kootenay Silver (CVE:KTN) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Kootenay Silver Inc. (CVE:KTN) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.69 and traded as high as C$1.95. Kootenay Silver shares last traded at C$1.85, with a volume of 670,020 shares.

Kootenay Silver Stock Performance

The stock has a market cap of C$161.90 million, a P/E ratio of -23.13 and a beta of 2.33. The company has a debt-to-equity ratio of 0.33, a current ratio of 39.98 and a quick ratio of 47.87. The stock’s 50 day simple moving average is C$2.14 and its two-hundred day simple moving average is C$1.69.

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.