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Kootenay Silver ( (TSE:KTN) ) just unveiled an update.
Kootenay Silver has upsized its previously announced bought-deal private placement from C$10 million to C$16.5 million in gross proceeds following strong investor demand, with Red Cloud Securities leading the syndicate of underwriters. The financing, conducted under Canada’s listed issuer financing exemption and expected to close on February 10, 2026 subject to TSX Venture Exchange and other approvals, will fund advancement of the company’s Columba and La Cigarra silver projects in Mexico and bolster working capital, reinforcing its growth plans in key Mexican silver districts.
The most recent analyst rating on (TSE:KTN) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Kootenay Silver stock, see the TSE:KTN Stock Forecast page.
Spark’s Take on TSE:KTN Stock
According to Spark, TipRanks’ AI Analyst, TSE:KTN is a Neutral.
The score is held back mainly by weak financial performance (no revenue, ongoing losses, and worsening free cash flow burn), partially offset by strong technical momentum and a positive exploration catalyst from recent drilling results. Valuation is also constrained by negative earnings and no stated dividend support.
To see Spark’s full report on TSE:KTN stock, click here.
More about Kootenay Silver
Kootenay Silver Inc. is a mineral exploration company focused on the discovery and development of silver projects in Mexico’s Sierra Madre region. With one of the largest junior silver-asset portfolios in the country, the company targets the expansion of its silver resources, new discoveries and the near-term economic advancement of its flagship projects in the mining districts of Sonora and Chihuahua, positioning itself as a leveraged play on silver prices.
Average Trading Volume: 469,474
Technical Sentiment Signal: Buy
Current Market Cap: C$227.9M
For detailed information about KTN stock, go to TipRanks’ Stock Analysis page.