Today’s Stock On Watch: Is Selling Stock Like Klondex Mines Ltd After Such Decline Winning Strategy?

Today's Stock On Watch: Is Selling Stock Like Klondex Mines Ltd After Such Decline Winning Strategy?

The stock of Klondex Mines Ltd (NYSEMKT:KLDX) is a huge mover today! About 207,399 shares traded hands. Klondex Mines Ltd (NYSEMKT:KLDX) has risen 60.68% since April 14, 2016 and is uptrending. It has outperformed by 55.99% the S&P500.
The move comes after 7 months negative chart setup for the $707.77 million company. It was reported on Nov, 16 by Barchart.com. We have $4.29 PT which if reached, will make NYSEMKT:KLDX worth $49.54 million less.

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. The rating was initiated by Rodman & Renshaw on Monday, May 2 with “Buy”. The company was downgraded on Thursday, September 15 by Canaccord Genuity.

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: Reuters.com, which released: “BRIEF-Klondex Mines Ltd reiterates 2016 production guidance” on October 13, 2016. Marketwatch.com‘s article titled: “Klondex Mines Ltd. NYSE MKT: KLDX” and published on October 08, 2015 is yet another important article.

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