Klondex Mines (TSE:KDX) Shares Up 1.3% – Time to Buy?

Klondex Mines Ltd. (TSE:KDXGet Free Report) shares shot up 1.3% during trading on Monday . The stock traded as high as C$3.09 and last traded at C$3.07. 1,962,298 shares were traded during trading, an increase of 193% from the average session volume of 669,999 shares. The stock had previously closed at C$3.03.

Klondex Mines Price Performance

The company’s 50-day moving average price is C$3.07.

About Klondex Mines

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Klondex Mines Ltd., together with its subsidiaries, acquires, explores, develops, and produces mineral properties in the United States and Canada. It primarily explores for gold and silver deposits. The company holds 100% interests in the Fire Creek mine covering approximately 19,000 acres located in Lander County; the Midas mine and ore milling facility covering approximately 30,000 acres situated in Elko County; and the Hollister mine approximately 18,000 acres located in Elko County.

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