PI Financial has updated coverage on Kootenay Silver, symbol KTN on the TSX Venture Exchange. Following the release of positive assays, analyst Philip Ker reiterated his buy recommendation and 12-month target price of $1.00, a premium of 59% to the $0.63 price the day the report was issued. Kootenay Silver is focused on the advanced development of its flagship Promontorio Silver Project situated in the emerging Sierra Madre Mining Region of Sonora, Mexico.