Other research analysts have also issued research reports about the stock. Scotiabank reissued an outperform rating and set a C$5.00 target price on shares of Klondex Mines in a research report on Thursday, June 16th. M Partners reaffirmed a buy rating on shares of Klondex Mines in a research report on Monday, July 18th. BMO Capital Markets reaffirmed a market perform rating and set a C$7.25 price objective on shares of Klondex Mines in a research report on Monday, August 22nd. Canaccord Genuity upped their price objective on shares of Klondex Mines from C$6.00 to C$6.75 in a research report on Tuesday, July 12th. Finally, Dundee Securities upped their price objective on shares of Klondex Mines from C$5.50 to C$8.25 in a research report on Thursday, September 15th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Klondex Mines has an average rating of Hold and a consensus price target of C$6.70.
Klondex Mines (TSE:KDX) opened at 6.43 on Friday. The firm has a market capitalization of $931.19 million and a P/E ratio of 58.45. The stock’s 50 day moving average price is $7.12 and its 200 day moving average price is $5.36. Klondex Mines has a 12 month low of $2.56 and a 12 month high of $7.84.
About Klondex Mines
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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