Kootenay Silver (CVE:KTN) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Kootenay Silver Inc. (CVE:KTN)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.11 and traded as low as C$0.97. Kootenay Silver shares last traded at C$0.97, with a volume of 41,114 shares changing hands.

Kootenay Silver Trading Down 3.0 %

The firm’s 50-day moving average price is C$1.07 and its two-hundred day moving average price is C$1.11. The stock has a market cap of C$58.17 million, a PE ratio of -10.78 and a beta of 0.01.

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.