Kootenay Silver (CVE:KTN) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Kootenay Silver Inc. (CVE:KTN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.29 and traded as high as C$1.33. Kootenay Silver shares last traded at C$1.33, with a volume of 218,467 shares traded.

Kootenay Silver Price Performance

The stock has a market capitalization of C$108.37 million, a PE ratio of -19.00 and a beta of 1.45. The company has a quick ratio of 47.87, a current ratio of 39.98 and a debt-to-equity ratio of 0.33. The stock’s 50-day moving average is C$1.61 and its 200 day moving average is C$1.29.

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.