Klondex Mines Ltd (KDX) Earns Buy Rating from Roth Capital
KDX has been the topic of several other reports. Scotiabank reaffirmed a sector perform rating and set a C$6.00 price objective on shares of Klondex Mines in a research report on Friday, July 14th. HC Wainwright reaffirmed a buy rating on shares of Klondex Mines in a research report on Tuesday, September 19th. Pi Financial raised Klondex Mines from a neutral rating to a buy rating and increased their price objective for the company from C$4.15 to C$4.85 in a research report on Wednesday, September 20th. Laurentian dropped their price objective on Klondex Mines from C$6.15 to C$5.80 and set a buy rating on the stock in a research report on Thursday, August 17th. Finally, Laurentian Bank of Canada dropped their price objective on Klondex Mines from C$6.15 to C$5.80 and set a buy rating on the stock in a research report on Thursday, August 17th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of C$5.83.
Shares of Klondex Mines (TSE:KDX) opened at 4.67 on Wednesday. Klondex Mines has a 1-year low of $3.57 and a 1-year high of $7.95. The company’s market capitalization is $828.05 million. The stock’s 50 day moving average price is $4.29 and its 200-day moving average price is $4.49.
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In other news, Director Blair Schultz bought 25,000 shares of the stock in a transaction on Wednesday, August 30th. The shares were bought at an average price of C$4.00 per share, with a total value of C$100,000.00.
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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