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Klondex Mines (TSE:KDX)‘s stock had its “buy” rating restated by investment analysts at M Partners in a note issued to investors on Wednesday. They currently have a C$3.50 price target on the stock. M Partners’ price target suggests a potential upside of 70.73% from the stock’s previous close.

Klondex Mines (TSE:KDX) traded down 0.98% on Wednesday, hitting $2.03. The stock had a trading volume of 253,838 shares. Klondex Mines has a 52-week low of $1.37 and a 52-week high of $2.25. The stock’s 50-day moving average is $2.04 and its 200-day moving average is $1.9. The company’s market cap is $225.9 million.

Klondex Mines Ltd. is a Canada-based company engaged in the acquisition, exploration and development gold and silver properties in Nevada.

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