Todays Report: Today, Klondex Mines Ltd. (KLDX) Receives Consensus Rating of “Buy” from Analysts

Today, Klondex Mines Ltd. (KLDX) Receives Consensus Rating of “Buy” from Analysts

Shares of Klondex Mines Ltd. (NYSEMKT:KLDX) have been assigned an average recommendation of “Buy” from the six brokerages that are presently covering the firm. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $4.75.

Separately, Canaccord Genuity downgraded Klondex Mines from a “buy” rating to a “hold” rating in a research note on Thursday, September 15th.

Shares of Klondex Mines (NYSEMKT:KLDX) traded down 2.08% on Friday, reaching $4.70. The company had a trading volume of 131,987 shares. The stock has a 50-day moving average price of $5.20 and a 200-day moving average price of $4.66. The stock has a market cap of $701.79 million and a PE ratio of 36.15. Klondex Mines has a 12 month low of $1.76 and a 12 month high of $6.03.

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