Kootenay Silver (CVE:KTN) Stock Price Up 15.4% – Should You Buy?

Kootenay Silver Inc. (CVE:KTN) rose 15.4% during trading on Monday . The stock traded as high as C$1.77 and last traded at C$1.77. Approximately 1,318,370 shares changed hands during trading, an increase of 172% from the average daily volume of 485,134 shares. The stock had previously closed at C$1.53.

Kootenay Silver Stock Down 3.3%

The company has a debt-to-equity ratio of 0.09, a current ratio of 58.29 and a quick ratio of 47.87. The company has a market cap of C$177.60 million, a PE ratio of -19.44 and a beta of 2.92. The company has a fifty day moving average price of C$1.47 and a 200 day moving average price of C$1.79.

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.