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Kootenay Silver (KTN) AI Stock Analysis

TSE:KTN

Kootenay Silver

(TSXV:KTN)

Select Model
Rating:44Neutral
Price Target:CAD 0.77▼(-6.59% Downside)
Action:reiterated
Date:10/15/26

Financial performance weighs most with solid balance sheet support despite losses; bearish technical indicators and unattractive valuation from negative earnings further limit the score.

Positive Factors
Low LeverageExtremely low leverage reduces mandatory financing pressure and preserves flexibility to fund exploration or respond to project opportunities. This gives the company more resilience while it remains pre-revenue, even though it does not by itself establish profitability.
Negative Factors
No Operating RevenueWith revenue at zero across periods, the company has no demonstrated operating revenue stream to fund exploration internally. Its economic model therefore depends on project success and eventual transactions rather than established production or recurring sales, increasing execution uncertainty.

Kootenay Silver (KTN) vs. iShares MSCI Canada ETF (EWC)

-50%-25%0%25%50%75%100%125%TSE:KTN-37.80%EWC+22.69%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
CAD 81.22M
Dividend Yield
―
Average Volume (3M)
189.67K
Price to Earnings (P/E)
-8.2
Beta (1Y)
2.72
Revenue Growth
―
EPS Growth
-44.58%
Country
Canada
Employees
10
Sector
General
Sector Strength
55
Industry
Silver

Kootenay Silver Business Overview & Revenue Model

Company Description

Kootenay Silver Inc. operates as an early-stage mining enterprise, dedicated to the acquisition, exploration, and advancement of mineral properties across Mexico and Canada. The company actively seeks deposits rich in silver, gold, lead, and zinc. It...

How the Company Makes Money

Kootenay Silver primarily generates economic value as an exploration-stage company by advancing mineral properties and seeking to monetize them, rather than by selling metals from producing mines. Typical money-making pathways include: (1) raising ca...

Kootenay Silver Financial Statement Overview

Summary

Weak income statement and cash flows from zero revenue and losses offset by strong balance sheet with minimal debt and high equity.

Income Statement

18Very Negative

Balance Sheet

88Very Positive

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue000000
Gross Profit-62.83K-72.31K-35.13K-20.35K-33.30K-47.47K
EBITDA-9.69M-6.74M-4.41M-4.42M-77.87M-2.26M
Net Income-8.72M-6.37M-4.44M-4.44M-77.90M-4.82M
Balance Sheet
Total Assets83.57M61.33M37.26M23.54M22.51M88.75M
Cash, Cash Equivalents and Short-Term Investments35.29M22.50M6.03M1.69M6.22M2.54M
Total Debt62.36K81.49K117.35K000
Total Liabilities441.98K520.50K409.60K438.57K324.53K304.64K
Stockholders Equity83.13M60.81M36.85M23.10M22.19M88.44M
Cash Flow
Free Cash Flow-8.69M-4.42M-3.71M-7.47M-9.22M-8.72M
Operating Cash Flow-6.67M-4.38M-3.63M-3.18M-4.29M-3.17M
Investing Cash Flow-12.43M-7.87M-6.59M-2.68M-5.18M-5.59M
Financing Cash Flow33.78M28.38M15.05M3.32M10.27M412.06K

Kootenay Silver Technical Analysis

Technical Analysis SentimentNegative
Last Price0.82

Price Trends

50DMA1.13Negative
100DMA1.21Negative
200DMA1.45Negative

Market Momentum

MACD-0.10Positive
RSI28.48Positive
STOCH16.56Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KTN, the sentiment is Negative. The current price of 0.82 is below the 20-day moving average (MA) of 0.95, below the 50-day MA of 1.13, and below the 200-day MA of 1.45, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 28.48 is Positive, neither overbought nor oversold. The STOCH value of 16.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KTN.

Kootenay Silver Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:KTN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TSE:IPTTSE:IPT67NeutralCAD 76.90M13.808.50%―106.11%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:KUYATSE:KUYA49NeutralCAD 58.72M-11.49-11.75%―249.52%39.85%
TSE:KTNTSE:KTN44NeutralCAD 80.61M-8.23-12.39%――-44.58%
TSE:BIGTSE:BIG42NeutralCAD 325.95M-12.19-116.31%――-14.56%
TSE:SVETSE:SVE40UnderperformCAD 109.44M-41.33-3.63%――24.24%
TSE:APGOTSE:APGO39UnderperformCAD 109.94M-5.98-32.34%――-77.79%

* General Sector Average

Performance Comparison

-50%0%50%100%150%TSE:KTNTSE:APGOTSE:SVETSE:IPTTSE:KUYATSE:BIGDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TSE:KTN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:KTNKootenay Silver0.79-0.48-37.80%
TSE:APGOApollo Gold Corp.1.75-1.79-50.56%
TSE:SVESilver One0.31-0.01-1.59%
TSE:IPTIMPACT Silver0.23-0.01-2.17%
TSE:KUYAKuya Silver Corporation0.460.0716.67%
TSE:BIGBald Eagle Gold Corp.0.930.3766.07%

Kootenay Silver Corporate Events

Business Operations and StrategyExecutive/Board Changes

Kootenay Silver Adds Tailings Expert Mark Smith to Steer La Cigarra Development

Positive
Oct 22, 2026

Kootenay Silver has appointed Mark Smith as a technical advisor to support development of its La Cigarra silver project in Mexico. Smith, a recognized global expert in tailings and heap leach facility design, will guide geotechnical drilling and engi...

Business Operations and Strategy

Kootenay Silver Expands Lupe Vein as Columba Drill Program Passes 30,000 Meters

Positive
Sep 22, 2026

Kootenay Silver reported new expansion drilling results from the Lupe Vein at its Columba high-grade silver project in Chihuahua, highlighting broad mineralized zones with high-grade silver intercepts. The company has now completed more than 30,000 m...

Business Operations and Strategy

Kootenay Silver Extends Columba Veins, Uncovers New High-Grade Targets

Positive
Sep 16, 2026

Kootenay Silver Inc., a TSXV- and OTCQX-listed mineral explorer, focuses on high-grade silver deposits in Mexico, with its Columba project in Chihuahua hosting an inferred resource of 54.1 million ounces of silver. The company is executing a staged 6...

Business Operations and StrategyRegulatory Filings and Compliance

Kootenay Silver Files Technical Report Backing Positive PEA for La Cigarra Project

Positive
Aug 7, 2026

Kootenay Silver has filed an NI 43-101 compliant technical report supporting the previously announced positive Preliminary Economic Assessment for its wholly owned La Cigarra silver project in Chihuahua, Mexico. The filing confirms there are no mater...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 15, 2026