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Vancouver, British Columbia (AP) _ Klondex Mines Ltd. (T.KDX) on Tuesday reported first-quarter profit of $8 million (10.1 million CAD).
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 6 cents. Earnings, adjusted for non-recurring gains, came to 2 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The gold and silver mining company posted revenue of $37.4 million (47.3 million CAD) in the period.
In the final minutes of trading on Tuesday, the company's shares hit $2.52. A year ago, they were trading at $1.50 ($1.90).
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.KDX at http://www.zacks.com/ap/T.KDX
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Keywords: Klondex Mines, Earnings Report
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Klondex Mines Ltd
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DEVELOPMENT STAGE |
CODE : KDX.TO |
ISIN : CA4986961031 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Klondex Mines is a gold and silver development stage company based in Canada. Klondex Mines holds various exploration projects in USA. Its main asset in development is FIRE CREEK in USA and its main exploration properties are MAGGIE CREEK, REEF, HOT SPRINGS POINT, CORRAL CANYON and SWALES MOUNTAIN in USA. Klondex Mines is listed in Canada and in United States of America. Its market capitalisation is CA$ 543.8 millions as of today (US$ 414.3 millions, € 354.6 millions). Its stock quote reached its lowest recent point on December 08, 2000 at CA$ 0.06, and its highest recent level on November 04, 2016 at CA$ 7.95. Klondex Mines has 177 130 000 shares outstanding. |