A number of other research analysts have also recently weighed in on the stock. CIBC cut their price objective on shares of Klondex Mines from C$7.00 to C$6.00 in a research report on Monday, May 15th. Royal Bank Of Canada cut their price objective on shares of Klondex Mines from C$8.00 to C$7.50 and set an outperform rating on the stock in a research report on Monday, March 27th. Pi Financial cut their price objective on shares of Klondex Mines from C$7.15 to C$6.35 in a research report on Monday, March 27th. Finally, BMO Capital Markets cut their price objective on shares of Klondex Mines from C$5.75 to C$5.25 in a research report on Thursday, June 22nd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and an average price target of C$6.62.
Klondex Mines (TSE:KDX) traded up 2.39% during trading on Friday, hitting $4.28. 1,482,407 shares of the company traded hands. The company’s 50 day moving average is $4.49 and its 200-day moving average is $5.67. Klondex Mines has a 52 week low of $3.88 and a 52 week high of $7.95. The stock’s market capitalization is $758.93 million.
TRADEMARK VIOLATION NOTICE: This news story was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.com-unik.info/2017/07/17/klondex-mines-ltd-kdx-given-sector-perform-rating-at-scotiabank.html.
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.
What are top analysts saying about Klondex Mines Ltd? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Klondex Mines Ltd and related companies.