Klondex Mines Ltd (KLDX) Insider Purchases $225,685.58 in Stock

Klondex Mines Ltd (NYSEAMERICAN:KLDX) insider Mining Parallel Fund Waterton acquired 164,734 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were bought at an average cost of $1.37 per share, with a total value of $225,685.58. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Mining Parallel Fund Waterton also recently made the following trade(s):

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  • On Friday, March 2nd, Mining Parallel Fund Waterton bought 3,143,123 shares of Klondex Mines stock. The stock was acquired at an average cost of $1.37 per share, for a total transaction of $4,306,078.51.

Shares of Klondex Mines Ltd (KLDX) opened at $1.41 on Monday. The firm has a market cap of $251.45, a PE ratio of -23.50 and a beta of 0.29. Klondex Mines Ltd has a 52 week low of $1.29 and a 52 week high of $5.25.

Institutional investors have recently modified their holdings of the business. Northpointe Capital LLC bought a new stake in Klondex Mines during the fourth quarter worth about $4,834,000. Cubist Systematic Strategies LLC grew its stake in Klondex Mines by 141.1% during the third quarter. Cubist Systematic Strategies LLC now owns 115,585 shares of the basic materials company’s stock worth $421,000 after buying an additional 67,635 shares during the last quarter. Voya Investment Management LLC bought a new stake in Klondex Mines during the second quarter worth about $277,000. Northern Trust Corp grew its stake in Klondex Mines by 6,814.4% during the second quarter. Northern Trust Corp now owns 1,550,405 shares of the basic materials company’s stock worth $5,225,000 after buying an additional 1,527,982 shares during the last quarter. Finally, State Street Corp bought a new stake in shares of Klondex Mines during the second quarter valued at approximately $10,076,000.

A number of analysts recently weighed in on KLDX shares. Zacks Investment Research cut shares of Klondex Mines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 20th. HC Wainwright set a $6.00 target price on shares of Klondex Mines and gave the company a “buy” rating in a research note on Friday, November 17th. Royal Bank of Canada cut shares of Klondex Mines from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, February 7th. Canaccord Genuity cut shares of Klondex Mines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Finally, Roth Capital set a $4.00 target price on shares of Klondex Mines and gave the company a “buy” rating in a research note on Wednesday, January 10th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Klondex Mines currently has a consensus rating of “Hold” and a consensus target price of $4.67.

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About Klondex Mines

Klondex Mines Ltd is a Canada-based gold and silver mining company. The Company focuses on exploration, development and production of over two gold and silver projects in north central Nevada, being the Fire Creek mine located in Lander County, Nevada, the Midas mine and ore milling facility located in Nevada.

Insider Buying and Selling by Quarter for Klondex Mines (NYSEAMERICAN:KLDX)

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