Technical Signal Analysis for Klondex Mines Ltd. (NYSE:KLDX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Klondex Mines Ltd. (NYSE:KLDX) for the period of 9-Day stands at 49.76% while the stochastic %D for the same period stands at 67.33%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Klondex Mines Ltd. (NYSE:KLDX) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Hold”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Klondex Mines Ltd. (NYSE:KLDX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Klondex Mines Ltd. (NYSE:KLDX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

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.

Previous Day Activity Analysis

On the last trading day, Klondex Mines Ltd. (NYSE:KLDX) opened the session at $3.63 and after going up 0% closed at $3.69. The stock gained 0.06 points in the last trade.

Klondex Mines Ltd. (NYSE:KLDX)’s stock fluctuated in the range of $3.58 and $3.72 during the previous active session. Klondex Mines Ltd. (NYSE:KLDX) traded with the volume of 743225 with average volume of 1.23 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.15 and 54.2 respectively.

Currently the Insider Ownership of the shares of Klondex Mines Ltd. (NYSE:KLDX) is at 0% and the shares outstanding are 177.51 Million.

Important Ratio Analysis

Some important ratios to consider here for Klondex Mines Ltd. (NYSE:KLDX) are discussed below:

Dividend yield of Klondex Mines Ltd. (NYSE:KLDX) stands at 0% whereas Price to Earnings P/E ratio stands at 87.86 while Forward P/E shows the value of 10.85.

The Price to Sale P/S and Price to Book P/B shows the value of 2.73 and 2.29 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of Klondex Mines Ltd. (NYSE:KLDX) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of Klondex Mines Ltd. (NYSE:KLDX) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of Klondex Mines Ltd. (NYSE:KLDX) stand at 0% and 0% respectively.

Stock Performance Analysis

The stock performance of Klondex Mines Ltd. (NYSE:KLDX) on the basis of 5 day trade show the dip of -3.15% whereas, the monthly performance of the stock shows increase of 4.83%.

The quarterly performance of the stock remained in green zone with the value of 7.89% while six month performance of the shares of Klondex Mines Ltd. (NYSE:KLDX) remained bullish with the count of 2.22%.

The yearly and YTD performance of Klondex Mines Ltd. (NYSE:KLDX) remained down at -30.11% and -20.99% respectively.