Klondex Mines (NASDAQ: KLDX) is one of 68 public companies in the “Gold Mining” industry, but how does it compare to its peers? We will compare Klondex Mines to similar businesses based on the strength of its dividends, profitability, risk, earnings, analyst recommendations, institutional ownership and valuation.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Klondex Mines and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Klondex Mines 0 0 3 0 3.00
Klondex Mines Competitors 484 1845 2173 49 2.39

Klondex Mines presently has a consensus target price of $5.75, indicating a potential upside of 151.09%. As a group, “Gold Mining” companies have a potential upside of 46.95%. Given Klondex Mines’ stronger consensus rating and higher probable upside, equities analysts plainly believe Klondex Mines is more favorable than its peers.

Insider and Institutional Ownership

43.6% of shares of all “Gold Mining” companies are held by institutional investors. 7.9% of shares of all “Gold Mining” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Klondex Mines and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Klondex Mines N/A N/A N/A
Klondex Mines Competitors -2,700.76% -9.25% -4.38%

Volatility & Risk

Klondex Mines has a beta of 0.13, meaning that its stock price is 87% less volatile than the S&P 500. Comparatively, Klondex Mines’ peers have a beta of -0.18, meaning that their average stock price is 118% less volatile than the S&P 500.

Valuation and Earnings

This table compares Klondex Mines and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Klondex Mines N/A N/A -38.17
Klondex Mines Competitors $2.41 billion -$32.21 million 169.01

Klondex Mines’ peers have higher revenue, but lower earnings than Klondex Mines. Klondex Mines is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Klondex Mines beats its peers on 7 of the 11 factors compared.

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. Its segments include Fire Creek, Midas, True North, and Corporate and other. Its over 1,000 tons per day milling facility processes mineralized materials from the Midas Mine and the Fire Creek Mine. The Midas Mine is a gold-silver vein deposit located a mile from the town of Midas, Nevada. It also owns an underground mine project located in Manitoba, Canada, which includes the Rice Lake Mine and Mill complex, and early-stage exploration properties located in the State of Nevada, the United States, and Manitoba and Ontario, Canada. The Company’s milling and processing facilities are located at Midas process ore from both Midas and Fire Creek in the State of Nevada.

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