Kootenay Silver (CVE:KTN) Hits New 52-Week High – Time to Buy?

Kootenay Silver Inc. (CVE:KTN)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$2.34 and last traded at C$2.46, with a volume of 800351 shares traded. The stock had previously closed at C$2.12.

Kootenay Silver Trading Up 16.5%

The business’s 50 day moving average price is C$1.70 and its two-hundred day moving average price is C$1.51. The company has a debt-to-equity ratio of 0.33, a quick ratio of 47.87 and a current ratio of 39.98. The company has a market capitalization of C$216.15 million, a price-to-earnings ratio of -30.88 and a beta of 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.