Kootenay Silver (CVE:KTN) Hits New 52-Week Low – Should You Sell?

Shares of Kootenay Silver Inc. (CVE:KTN) reached a new 52-week low on Monday. The stock traded as low as C$1.10 and last traded at C$1.11, with a volume of 137408 shares traded. The stock had previously closed at C$1.18.

Kootenay Silver Price Performance

The stock has a market capitalization of C$124.40 million, a price-to-earnings ratio of -12.10 and a beta of 3.22. The company has a quick ratio of 47.87, a current ratio of 84.86 and a debt-to-equity ratio of 0.08. The stock has a fifty day moving average of C$1.25 and a 200-day moving average of C$1.37.

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.