Klondex Mines Ltd (KDX) Receives C$6.62 Consensus Target Price from Analysts
Shares of Klondex Mines Ltd (TSE:KDX) have been given a consensus rating of “Buy” by the seven brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$6.62.
KDX has been the subject of several recent research reports. CIBC decreased their price target on Klondex Mines from C$7.00 to C$6.00 in a report on Monday, May 15th. Scotiabank set a C$6.00 price target on Klondex Mines and gave the stock a “sector perform” rating in a report on Thursday, June 22nd. Finally, BMO Capital Markets cut their price objective on Klondex Mines from C$5.75 to C$5.25 in a research report on Thursday, June 22nd.
Shares of Klondex Mines (TSE KDX) opened at 3.65 on Tuesday. The stock’s market cap is $647.21 million. Klondex Mines has a 52-week low of $3.57 and a 52-week high of $7.95. The stock’s 50 day moving average is $4.32 and its 200 day moving average is $5.33.
Klondex Mines Company Profile
Klondex Mines Ltd is a Canada-based gold and silver mining company. The Company focuses on exploration, development and production of over two gold and silver projects in north central Nevada, being the Fire Creek mine located in Lander County, Nevada, the Midas mine and ore milling facility located in Nevada.
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