Insider Buying: Klondex Mines Ltd (KLDX) Insider Buys 164,734 Shares of Stock
Klondex Mines Ltd (NYSEAMERICAN:KLDX) insider Mining Parallel Fund Waterton bought 164,734 shares of the business’s stock in a transaction on Thursday, March 8th. The stock was purchased at an average cost of $1.37 per share, for a total transaction of $225,685.58. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Mining Parallel Fund Waterton also recently made the following trade(s):
- On Friday, March 2nd, Mining Parallel Fund Waterton bought 3,143,123 shares of Klondex Mines stock. The stock was purchased at an average cost of $1.37 per share, for a total transaction of $4,306,078.51.
Shares of Klondex Mines Ltd (NYSEAMERICAN KLDX) opened at $1.41 on Friday. Klondex Mines Ltd has a 12-month low of $1.29 and a 12-month high of $5.25. The firm has a market capitalization of $251.45, a price-to-earnings ratio of -23.50 and a beta of 0.29.
A number of analysts have issued reports on KLDX shares. HC Wainwright set a $6.00 target price on Klondex Mines and gave the company a “buy” rating in a research report on Friday, November 17th. Zacks Investment Research lowered Klondex Mines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 20th. Roth Capital set a $4.00 target price on Klondex Mines and gave the company a “buy” rating in a research report on Wednesday, January 10th. Royal Bank of Canada lowered Klondex Mines from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, February 7th. Finally, Canaccord Genuity lowered Klondex Mines from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $4.67.
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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