Klondex Mines Ltd (TSE:KDX) shares reached a new 52-week low on Tuesday . The company traded as low as C$1.77 and last traded at C$1.77, with a volume of 161593 shares. The stock had previously closed at C$1.81.
A number of research analysts have weighed in on the stock. CIBC decreased their target price on shares of Klondex Mines from C$5.00 to C$4.25 in a research note on Tuesday, November 28th. Canaccord Genuity decreased their target price on shares of Klondex Mines from C$4.50 to C$4.25 in a research note on Friday, January 19th. Scotiabank set a C$6.00 target price on shares of Klondex Mines and gave the stock a “sector perform” rating in a research note on Thursday, November 23rd. Royal Bank of Canada decreased their target price on shares of Klondex Mines from C$7.50 to C$4.50 and set an “outperform” rating on the stock in a research note on Tuesday, November 14th. Finally, Clarus Securities reissued an “accumulate” rating on shares of Klondex Mines in a research note on Monday, February 5th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of C$4.11.
The stock has a market cap of $307.63, a PE ratio of -7.42 and a beta of -0.58.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klondex Mines and related companies with MarketBeat.com's FREE daily email newsletter.