Several brokerages have updated their recommendations and price targets on shares of Klondex Mines (NASDAQ: KLDX) in the last few weeks:
- 9/15/2016 – Klondex Mines was downgraded by analysts at Canaccord Genuity from a “buy” rating to a “hold” rating.
- 9/15/2016 – Klondex Mines had its “hold” rating reaffirmed by analysts at BMO Capital Markets.
- 9/13/2016 – Klondex Mines was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating.
- 9/13/2016 – Klondex Mines was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Klondex Mines Ltd. is focused on exploration, development and production of mineral properties. It primarily explores for gold and silver properties in Nevada. The company’s project consists of Fire Creek Property and Midas mine and ore milling. Klondex Mines Ltd. is headquartered in Vancouver, Canada. “
Shares of Klondex Mines Ltd (NASDAQ:KLDX) opened at 5.57 on Thursday. The stock’s 50 day moving average price is $5.42 and its 200 day moving average price is $4.07. Klondex Mines Ltd has a one year low of $1.76 and a one year high of $6.03. The stock has a market capitalization of $806.65 million and a PE ratio of 50.64.
Klondex Mines Ltd. is a Canada-based gold and silver mining company. The Company is focused on exploration, development and production of its approximately two gold and silver projects in north central Nevada, such as the Fire Creek mine located in Lander County, Nevada (the Fire Creek Mine or the Fire Creek Project), and the Midas mine (the Midas Mine) and ore milling facility located in Nevada (together with the Midas Mine, the Midas Project or Midas).
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