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

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

Kootenay Silver Trading Down 3.7%

The company has a market cap of C$80.19 million, a price-to-earnings ratio of -7.80 and a beta of 3.61. The company has a debt-to-equity ratio of 0.08, a quick ratio of 47.87 and a current ratio of 84.86. The firm has a fifty day moving average price of C$1.05 and a 200 day moving average price of C$1.39.

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.