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Ringler Research: Financial analysis about Klondex Mines published / Analytical valuation price of 3.80 CAD / 2.62€ (+17% upside target)
In our financial analysis we are introducing Klondex Mines, a company which operates two mines in Nevada (USA). The author Carsten Ringler quotes: "Due to the very high ore grades of both mines, the production cash costs are significantly lower than 900 USD per ounce. Klondex is therefore one of the gold producers that are profitable at current gold prices."
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