Global X Management Co. LLC increased its stake in shares of Klondex Mines Ltd (NASDAQ:KLDX) by 5.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,320,830 shares of the company’s stock after buying an additional 114,084 shares during the period. Global X Management Co. LLC’s holdings in Klondex Mines were worth $7,809,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the stock. MAVEN SECURITIES Ltd bought a new stake in shares of Klondex Mines during the first quarter valued at about $101,000. Gamco Investors INC. ET AL bought a new stake in shares of Klondex Mines during the first quarter valued at about $121,000. Toronto Dominion Bank raised its stake in shares of Klondex Mines by 31.1% in the first quarter. Toronto Dominion Bank now owns 42,200 shares of the company’s stock valued at $165,000 after buying an additional 10,000 shares during the period. Strs Ohio bought a new stake in shares of Klondex Mines during the second quarter valued at about $172,000. Finally, CIBC Asset Management Inc raised its stake in shares of Klondex Mines by 0.7% in the second quarter. CIBC Asset Management Inc now owns 61,996 shares of the company’s stock valued at $209,000 after buying an additional 446 shares during the period.
Klondex Mines Ltd (NASDAQ KLDX) opened at 2.94 on Friday. The company’s 50-day moving average is $3.28 and its 200-day moving average is $3.97. The firm’s market capitalization is $521.32 million. Klondex Mines Ltd has a 52-week low of $2.81 and a 52-week high of $6.03.
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Several analysts have recently issued reports on the stock. HC Wainwright reiterated a “buy” rating and issued a $6.25 target price on shares of Klondex Mines in a research report on Thursday. Zacks Investment Research lowered shares of Klondex Mines from a “buy” rating to a “hold” rating in a research report on Saturday, July 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $5.00.
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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