Jane Street Group LLC cut its position in shares of Klondex Mines Ltd (NASDAQ:KLDX) by 89.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,341 shares of the company’s stock after selling 358,673 shares during the period. Jane Street Group LLC’s holdings in Klondex Mines were worth $168,000 as of its most recent filing with the SEC.
A number of other hedge funds have also added to or reduced their stakes in the stock. Swiss National Bank increased its stake in shares of Klondex Mines by 6.9% in the first quarter. Swiss National Bank now owns 250,781 shares of the company’s stock worth $979,000 after buying an additional 16,200 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Klondex Mines by 81.6% in the first quarter. JPMorgan Chase & Co. now owns 286,805 shares of the company’s stock worth $1,116,000 after buying an additional 128,863 shares in the last quarter. U S Global Investors Inc increased its stake in shares of Klondex Mines by 104,976.0% in the first quarter. U S Global Investors Inc now owns 10,507,600 shares of the company’s stock worth $40,851,765,000 after buying an additional 10,497,600 shares in the last quarter. Toronto Dominion Bank increased its stake in shares of Klondex Mines by 31.1% in the first quarter. Toronto Dominion Bank now owns 42,200 shares of the company’s stock worth $165,000 after buying an additional 10,000 shares in the last quarter. Finally, TD Asset Management Inc. increased its stake in shares of Klondex Mines by 39.2% in the first quarter. TD Asset Management Inc. now owns 818,978 shares of the company’s stock worth $3,187,000 after buying an additional 230,589 shares in the last quarter.
Klondex Mines Ltd (NASDAQ:KLDX) traded down 7.94% during midday trading on Friday, hitting $2.90. 1,552,834 shares of the stock traded hands. Klondex Mines Ltd has a one year low of $2.88 and a one year high of $6.03. The company’s 50-day moving average is $3.40 and its 200-day moving average is $4.05. The company’s market cap is $514.23 million.
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A number of brokerages have recently issued reports on KLDX. HC Wainwright reaffirmed a “buy” rating and set a $6.00 price objective on shares of Klondex Mines in a research report on Sunday, June 25th. Zacks Investment Research cut shares of Klondex Mines from a “buy” rating to a “hold” rating in a research report on Friday, April 28th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $4.88.
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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