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BMO Capital Markets issued a report on Klondex Mines Ltd. (TSE:KDX), hiking its stock price target to $7.25 earlier today

Just yesterday Klondex Mines Ltd. (TSE:KDX) traded 2.25% higher at $6.97. KDX’s 50-day average is $6.82 and its 200-day average is $5.04. The last stock close is up 44.14% relative to the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. Volume of trade was was up over the average, with 9,362,633 shares of KDX changing hands over the typical 676,648 shares..

Klondex Mines Ltd. (TSE:KDX) had its price target raised to $7 by BMO Capital Markets in a report issued 8/22/2016. The latest target price indicates a possible upside of 0.04% from the bussiness’ last closing price.

On 7/13/2016, Scotia Capital reported about Klondex Mines Ltd.(TSE:KDX) upped the target price from $0.00 to $5.00. At the time, this suggested a downside of -0.13%.

See Chart Below:

Klondex Mines Ltd. (TSE:KDX)

Also covering Klondex Mines Ltd.’s stock price target, a total of 12 analysts have released a report on the stock. The average target price is $5.75 with 0 rating the company a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokerages rating the company as sell.

With a market cap of $0.0, Klondex Mines Ltd. has a PE of 66 with a 52 week low of $2.56 and a 52 week high of $7.63.

General Information About Klondex Mines Ltd. (TSE:KDX)

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). The Company’s segments include Fire Creek, Midas, and Corporate and other. Its properties are situated along the Northern Nevada Rift in north central Nevada. It also owns an underground mine project located in Manitoba, Canada, which includes the Rice Lake Mine and Mill complex (Rice Lake), and early-stage exploration properties located in the State of Nevada, the United States and Manitoba and Ontario, and Canada. Its milling and processing facilities located at Midas process ore from both Midas and Fire Creek in the State of Nevada.

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