Kootenay Silver (CVE:KTN) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Kootenay Silver Inc. (CVE:KTN)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.16 and traded as high as C$1.24. Kootenay Silver shares last traded at C$1.15, with a volume of 204,144 shares trading hands.

Kootenay Silver Trading Down 3.4 %

The company has a market cap of C$68.97 million, a price-to-earnings ratio of -12.78 and a beta of 0.01. The business has a fifty day moving average of C$1.20 and a two-hundred day moving average of C$1.16.

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.