Klondex Mines (KDX) Rating Reiterated by Scotiabank

Scotiabank reiterated their sector perform rating on shares of Klondex Mines (TSE:KDX) in a report issued on Friday morning. Scotiabank currently has a C$6.00 target price on the stock.

Other analysts have also recently issued research reports about the stock. CIBC cut their target price on shares of Klondex Mines from C$6.00 to C$5.00 in a research note on Monday, November 13th. Canaccord Genuity raised their target price on shares of Klondex Mines from C$5.50 to C$6.00 in a research note on Friday, September 29th. Roth Capital restated a buy rating and set a C$5.25 target price on shares of Klondex Mines in a research note on Wednesday, October 4th. Pi Financial upgraded shares of Klondex Mines from a neutral rating to a buy rating and raised their target price for the stock from C$4.15 to C$4.85 in a research note on Wednesday, September 20th. Finally, HC Wainwright restated a buy rating on shares of Klondex Mines in a research note on Tuesday, September 19th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of C$5.27.

Shares of Klondex Mines (TSE KDX) opened at C$3.20 on Friday. The company has a market cap of $570.45, a price-to-earnings ratio of -13.33 and a beta of -0.38. Klondex Mines has a 12 month low of C$2.75 and a 12 month high of C$7.73.

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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.

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