Shares of Klondex Mines Ltd (TSE:KDX) have been given a consensus recommendation of “Buy” by the eight research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$6.62.

KDX has been the subject of several recent research reports. Scotiabank cut their price target on Klondex Mines from C$6.75 to C$6.00 and set a “sector perform” rating for the company in a report on Thursday, April 20th. CIBC cut their price target on Klondex Mines from C$7.50 to C$7.00 in a report on Monday, March 27th. BMO Capital Markets cut their price target on Klondex Mines from C$7.00 to C$5.75 and set a “market perform” rating for the company in a report on Thursday, April 20th. Royal Bank Of Canada cut their price target on Klondex Mines from C$8.00 to C$7.50 and set an “outperform” rating for the company in a report on Monday, March 27th. Finally, Pi Financial cut their price target on Klondex Mines from C$7.15 to C$6.35 in a report on Monday, March 27th.

Klondex Mines (KDX) traded up 0.45% during trading on Tuesday, hitting $4.48. The stock had a trading volume of 618,552 shares. Klondex Mines has a 12 month low of $3.88 and a 12 month high of $7.95. The company’s 50 day moving average is $4.49 and its 200-day moving average is $5.67. The company’s market cap is $794.39 million.

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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.

Analyst Recommendations for Klondex Mines (TSE:KDX)

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