Weekly Investment Analysts’ Ratings Updates for Klondex Mines (KDX)

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Several analysts have recently updated their ratings and price targets for Klondex Mines (TSE: KDX):

9/15/2016 – Klondex Mines had its price target raised by analysts at Dundee Securities from C$5.50 to C$8.25.
9/15/2016 – Klondex Mines had its price target raised by analysts at Royal Bank Of Canada from C$7.50 to C$8.50. They now have an “outperform” rating on the stock.
9/15/2016 – Klondex Mines was downgraded by analysts at Canaccord Genuity from a “buy” rating to a “hold” rating. They now have a C$8.00 price target on the stock, up previously from C$6.75.
9/14/2016 – Klondex Mines was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating. They now have a C$8.00 price target on the stock, up previously from C$7.00.
8/22/2016 – Klondex Mines had its price target raised by analysts at Scotiabank from C$6.25 to C$7.00. They now have an “outperform” rating on the stock.
8/22/2016 – Klondex Mines had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a C$7.25 price target on the stock.
8/10/2016 – Klondex Mines had its “outperform” rating reaffirmed by analysts at Scotiabank. They now have a C$6.25 price target on the stock.
7/28/2016 – Klondex Mines had its “outperform” rating reaffirmed by analysts at Scotiabank. They now have a C$6.25 price target on the stock.
7/18/2016 – Klondex Mines had its “buy” rating reaffirmed by analysts at M Partners.

Klondex Mines Ltd. (TSE:KDX) traded up 2.25% during trading on Friday, hitting $7.26. 9,362,633 shares of the stock were exchanged. The firm has a 50-day moving average of $6.78 and a 200-day moving average of $5.01. The stock has a market capitalization of $1.05 billion and a price-to-earnings ratio of 66.00. Klondex Mines Ltd. has a 52 week low of $2.56 and a 52 week high of $7.63.
Klondex Mines Ltd. is a Canada-based gold and silver mining company. The Company is focused on exploration, development and production of its approximately two gold and silver projects in north central Nevada, such as the Fire Creek mine located in Lander County, Nevada (the Fire Creek Mine or the Fire Creek Project), and the Midas mine (the Midas Mine) and ore milling facility located in Nevada (together with the Midas Mine, the Midas Project or Midas).

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