The stock of Klondex Mines Ltd (NYSEMKT:KLDX) is a huge mover today! About 135,235 shares traded hands. Klondex Mines Ltd (NYSEMKT:KLDX) has risen 67.35% since March 7, 2016 and is uptrending. It has outperformed by 59.76% the S&P500.
The move comes after 7 months positive chart setup for the $697.68M company. It was reported on Oct, 10 by Barchart.com. We have $6.36 PT which if reached, will make NYSEMKT:KLDX worth $167.44M more.
Analysts await Klondex Mines Ltd (NYSEMKT:KLDX) to report earnings on November, 9. They expect $0.07 EPS, up 75.00% or $0.03 from last year’s $0.04 per share. KLDX’s profit will be $9.52 million for 18.32 P/E if the $0.07 EPS becomes a reality. After $0.04 actual EPS reported by Klondex Mines Ltd for the previous quarter, Wall Street now forecasts 75.00% EPS growth.
Klondex Mines Ltd (NYSEMKT:KLDX) Ratings Coverage
Out of 2 analysts covering Klondex Mines (NYSEMKT:KLDX), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Klondex Mines has been the topic of 2 analyst reports since May 2, 2016 according to StockzIntelligence Inc. Canaccord Genuity downgraded Klondex Mines Ltd (NYSEMKT:KLDX) on Thursday, September 15 to “Hold” rating. Rodman & Renshaw initiated Klondex Mines Ltd (NYSEMKT:KLDX) on Monday, May 2 with “Buy” rating.
According to Zacks Investment Research, “Klondex Mines Ltd. is focused on exploration, development and production of mineral properties. It primarily explores for gold and silver properties in Nevada. The company’s project consists of Fire Creek Property and Midas mine and ore milling. Klondex Mines Ltd. is headquartered in Vancouver, Canada.”
More news for Klondex Mines Ltd (NYSEMKT:KLDX) were recently published by: Marketwatch.com, which released: “Klondex Mines Ltd. NYSE MKT: KLDX” on October 08, 2015. Business.Financialpost.com‘s article titled: “Podcast: Klondex Mines Ltd CEO Paul Huet on expanding gold production into Canada” and published on April 22, 2016 is yet another important article.
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