Klondex Mines (KLDX) Earns Daily News Impact Rating of 0.10

Headlines about Klondex Mines (NASDAQ:KLDX) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Klondex Mines earned a news impact score of 0.10 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.3184462310673 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern’s rankings:

Klondex Mines (NASDAQ KLDX) opened at $2.50 on Friday. Klondex Mines has a 52 week low of $2.55 and a 52 week high of $5.91.

A number of brokerages have commented on KLDX. HC Wainwright restated a “buy” rating and issued a $6.25 target price on shares of Klondex Mines in a research note on Friday. Canaccord Genuity upgraded Klondex Mines from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Zacks Investment Research downgraded Klondex Mines from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Finally, Roth Capital began coverage on Klondex Mines in a research note on Wednesday, October 4th. They issued a “buy” rating and a $5.25 target price on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $5.08.

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In related news, Director Blair Albert Schultz purchased 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was bought at an average price of $3.17 per share, for a total transaction of $79,250.00. Following the purchase, the director now owns 113,333 shares in the company, valued at approximately $359,265.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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.

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