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Scotia Capital announced Klondex Mines Ltd. (TSE:KDX), boosting its stock price target to $8.00 today

In a report released on 10/14/2016 Scotia Capital increased the stock price target of Klondex Mines Ltd. (TSE:KDX) to $8.00 reporting a possible upside of 0.16%.

Previously on Friday September 30, 2016, CIBC World Markets released a statement about Klondex Mines Ltd. (TSE:KDX) increased the target price from $0.00 to $8.00. At the time, this indicated a possible upside of 0.06%.

Just yesterday Klondex Mines Ltd. (TSE:KDX) traded -3.22% lower at $6.91. Klondex Mines Ltd.’s 50-day moving average is $7.11 and its 200-day moving average is $5.47. The last stock price is up 26.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 459,476 shares of KDX traded hands, down from an average trading volume of 775,083

Recent Performance Chart

Klondex Mines Ltd. (TSE:KDX)

Klondex Mines Ltd. has 52 week low of $2.56 and a 52 week high of $7.84 with a PE ratio of 62.82 and has a market capitalization of $0.

A total of 13 equity analysts have released a research note on KDX. Three equity analysts rating the company a strong buy, four equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $6.12.

Brief Synopsis 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, 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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