Kootenay Silver (CVE:KTN) Reaches New 12-Month Low – Here’s What Happened

Kootenay Silver Inc. (CVE:KTN) shares hit a new 52-week low on Monday. The company traded as low as C$0.96 and last traded at C$0.96, with a volume of 52,831 shares changing hands. The stock had previously closed at C$1.00.

Kootenay Silver Stock Down 4.5%

The business has a 50 day simple moving average of C$1.22 and a 200 day simple moving average of C$1.33. The company has a debt-to-equity ratio of 0.08, a current ratio of 84.86 and a quick ratio of 47.87. The stock has a market cap of C$98.19 million, a PE ratio of -9.55 and a beta of 3.42.

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.