Clarus Securities reaffirmed their accumulate rating on shares of Klondex Mines (TSE:KDX) in a research report released on Monday. Clarus Securities also issued estimates for Klondex Mines’ FY2017 earnings at $0.07 EPS and FY2019 earnings at $0.42 EPS.
KDX has been the subject of several other research reports. CIBC dropped their target price on shares of Klondex Mines from C$6.00 to C$5.00 in a research report on Monday, November 13th. Scotiabank set a C$4.50 target price on shares of Klondex Mines and gave the company a sector perform rating in a research report on Monday, January 22nd. Canaccord Genuity dropped their target price on shares of Klondex Mines from C$4.50 to C$4.25 in a research report on Friday, January 19th. BMO Capital Markets dropped their target price on shares of Klondex Mines from C$3.75 to C$3.25 and set a market perform rating for the company in a research report on Wednesday, January 10th. Finally, Royal Bank of Canada dropped their target price on shares of Klondex Mines from C$7.50 to C$4.50 and set an outperform rating for the company in a research report on Tuesday, November 14th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Klondex Mines presently has an average rating of Buy and an average price target of C$4.61.
Shares of Klondex Mines (KDX) opened at C$2.57 on Monday. The company has a market cap of $438.24, a price-to-earnings ratio of -11.17 and a beta of -0.58. Klondex Mines has a 1 year low of C$2.10 and a 1 year high of C$7.73.
Klondex Mines (TSE:KDX) last issued its earnings results on Thursday, November 9th. The company reported C($0.05) EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.10). Klondex Mines had a negative net margin of 27.41% and a negative return on equity of 18.97%.
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About Klondex Mines
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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