Could Kootenay Silver Inc See a Reversal After This Very Weak Session?


The stock of Kootenay Silver Inc (CVE:KTN) is a huge mover today! The stock decreased 5.32% or $0.025 on September 13, hitting $0.445. About 148,275 shares traded hands. Kootenay Silver Inc (CVE:KTN) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months negative chart setup for the $71.26M company. It was reported on Sep, 13 by We have $0.40 PT which if reached, will make CVE:KTN worth $7.13 million less.

Kootenay Silver Inc. is an exploration-stage mining company, which is engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The company has a market cap of $71.26 million. The Firm operates through the segment, being the acquisition and exploration and future development of mineral properties. It currently has negative earnings. The Company’s exploration properties include the Fox and Two Times Fred located in the Nechako region of British Columbia; the Silver Fox property located in the South Eastern region of British Columbia; the Cervantes property located in Sonora, Mexico; the San Diego property located in northern Sonora State, Mexico, and the Promontorio Silver Belt located in Sonora State, Mexico.

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