Shares of Klondex Mines Ltd (TSE:KDX) have earned a consensus rating of “Buy” from the nine research firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$6.44.
Several equities research analysts have recently weighed in on KDX shares. CIBC lowered their price objective on Klondex Mines from C$7.00 to C$6.00 in a research note on Monday, May 15th. Scotiabank set a C$6.00 price objective on Klondex Mines and gave the company a “sector perform” rating in a research note on Thursday, June 22nd. BMO Capital Markets lowered their price objective on Klondex Mines from C$5.75 to C$5.25 in a research note on Thursday, June 22nd. Laurentian Bank of Canada lowered 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 note on Thursday. Finally, Laurentian lowered 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 note on Thursday.
TRADEMARK VIOLATION NOTICE: “Brokerages Set Klondex Mines Ltd (KDX) Target Price at $6.44” was originally reported by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://stocknewstimes.com/2017/08/20/brokerages-set-klondex-mines-ltd-kdx-target-price-at-6-44.html.
Klondex Mines (KDX) opened at 4.04 on Thursday. Klondex Mines has a 12 month low of $3.57 and a 12 month high of $7.95. The stock has a 50 day moving average price of $4.12 and a 200 day moving average price of $5.14. The firm has a market cap of $717.42 million and a price-to-earnings ratio of 96.19.
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.
Receive News & Ratings for Klondex Mines Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klondex Mines Ltd and related companies with MarketBeat.com's FREE daily email newsletter.
