Klondex Mines (KDX) PT Lowered to C$3.25

Klondex Mines (TSE:KDX) had its target price trimmed by CIBC from C$4.25 to C$3.25 in a research note published on Thursday morning.

Other equities analysts have also recently issued reports about the company. Scotiabank cut their price objective on Klondex Mines from C$5.25 to C$4.50 and set a sector perform rating for the company in a report on Wednesday. HC Wainwright reiterated a buy rating on shares of Klondex Mines in a report on Tuesday, September 19th. Pi Financial upgraded Klondex Mines from a neutral rating to a buy rating and upped their price objective for the stock from C$4.15 to C$4.85 in a report on Wednesday, September 20th. BMO Capital Markets restated a market perform rating and set a C$5.00 target price on shares of Klondex Mines in a report on Tuesday, October 24th. Finally, Royal Bank of Canada dropped their target price on Klondex Mines from C$7.50 to C$4.50 and set an outperform rating for the company in a report on Tuesday, November 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Klondex Mines currently has an average rating of Buy and an average target price of C$4.80.

Klondex Mines (TSE KDX) traded up C$0.01 on Thursday, hitting C$2.67. The stock had a trading volume of 642,700 shares, compared to its average volume of 628,600. Klondex Mines has a 1 year low of C$2.10 and a 1 year high of C$7.73. The stock has a market cap of $478.48, a PE ratio of -11.61 and a beta of -0.38.

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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.

Analyst Recommendations for Klondex Mines (TSE:KDX)

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