Kootenay Silver (CVE:KTN) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Kootenay Silver Inc. (CVE:KTN)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.11 and traded as low as C$0.92. Kootenay Silver shares last traded at C$0.93, with a volume of 23,672 shares.

Kootenay Silver Price Performance

The stock has a market capitalization of C$55.77 million, a P/E ratio of -10.33 and a beta of 0.01. The stock’s fifty day moving average is C$1.12 and its two-hundred day moving average is C$1.11.

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.