Richmont Mines Company Profile (ARCA:RIC)

About Richmont Mines (ARCA:RIC)

Richmont Mines logoRichmont Mines Inc. is a mining company. The Company is engaged in mining, exploration and development of mining properties, principally gold. The Company operates gold mines at various sites in Quebec and Ontario. The Company's segments include Quebec and Ontario. The Company is engaged in producing gold from the Island Gold Mine in Ontario and the Beaufor Mine in Quebec. The Island Gold mine is located 83 kilometers northeast of Wawa, Ontario. It is part of the Island Gold Project, which is divided into nine parts (properties) comprising 219 patented, leased and staked claims covering 7,772 hectares, mainly within the townships of Finan and Jacobson. The Island Gold Project is located in the Michipicoten Greenstone Belt. The Beaufor Mine is located 25 kilometers northeast of Val-d'Or, Quebec. The Camflo mill has rated capacity of 1,200 short tons per day. It is located at Malartic, Quebec. The 7.58 square kilometers Wasamac property is located in the west of Rouyn-Noranda, Quebec.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: ARCA:RIC
  • CUSIP: N/A
  • Web: www.richmont-mines.com
Capitalization:
  • Market Cap: $444.36 million
  • Outstanding Shares: 63,030,000
Average Prices:
  • 50 Day Moving Avg: $7.43
  • 200 Day Moving Avg: $7.42
  • 52 Week Range: $4.97 - $11.66
P/E:
  • Trailing P/E Ratio: 65.42
  • Foreward P/E Ratio: 11.37
  • P/E Growth: 3.25
Profitability:
  • Net Margins: 4.59%
  • Return on Equity: 3.95%
  • Return on Assets: 3.06%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 3.15%
  • Quick Ratio: 2.76%
Misc:
  • Beta: 0.35
 

Frequently Asked Questions for Richmont Mines (ARCA:RIC)

What is Richmont Mines' stock symbol?

Richmont Mines trades on the ARCA under the ticker symbol "RIC."

How were Richmont Mines' earnings last quarter?

Richmont Mines Inc. (ARCA:RIC) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The business had revenue of $46.50 million for the quarter, compared to the consensus estimate of $45.88 million. Richmont Mines had a net margin of 4.59% and a return on equity of 3.95%. The business's quarterly revenue was down 11.6% compared to the same quarter last year. View Richmont Mines' Earnings History.

Where is Richmont Mines' stock going? Where will Richmont Mines' stock price be in 2017?

6 brokerages have issued 1-year target prices for Richmont Mines' stock. Their forecasts range from $12.00 to $17.00. On average, they anticipate Richmont Mines' stock price to reach $14.50 in the next twelve months. View Analyst Ratings for Richmont Mines.

Who are some of Richmont Mines' key competitors?

Who owns Richmont Mines stock?

Richmont Mines' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (14.59%), Renaissance Technologies LLC (5.65%), Montrusco Bolton Investments Inc. (4.11%), Bank of Montreal Can (4.07%), Sentry Investments Corp. (3.52%) and OppenheimerFunds Inc. (3.22%). View Institutional Ownership Trends for Richmont Mines.

Who sold Richmont Mines stock? Who is selling Richmont Mines stock?

Richmont Mines' stock was sold by a variety of institutional investors in the last quarter, including Sprott Inc., O Shaughnessy Asset Management LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Tocqueville Asset Management L.P., TD Asset Management Inc., Credit Suisse AG and Greystone Managed Investments Inc.. View Insider Buying and Selling for Richmont Mines.

Who bought Richmont Mines stock? Who is buying Richmont Mines stock?

Richmont Mines' stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Montrusco Bolton Investments Inc., Bank of Montreal Can, OppenheimerFunds Inc., Sentry Investments Corp., FMR LLC, Morgan Stanley and U S Global Investors Inc. View Insider Buying and Selling for Richmont Mines.

How do I buy Richmont Mines stock?

Shares of Richmont Mines can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Richmont Mines stock cost?

One share of Richmont Mines stock can currently be purchased for approximately $7.05.

Analyst Ratings

Consensus Ratings for Richmont Mines (ARCA:RIC) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $14.50

Analysts' Ratings History for Richmont Mines (ARCA:RIC)
Show:
DateFirmActionRatingPrice TargetDetails
2/1/2017CIBCUpgradeSector Perform -> Sector OutperformView Rating Details
2/1/2017BMO Capital MarketsUpgradeUnderperform -> Market PerformView Rating Details
11/16/2016National Bank FinancialUpgradeSec Perform Spec Market Wgt -> Outperform Spec Market WeightView Rating Details
11/3/2016ScotiabankReiterated RatingSector Perform$15.00View Rating Details
8/11/2016TD SecuritiesReiterated RatingBuy$15.00 -> $16.50View Rating Details
8/10/2016Canaccord GenuityReiterated RatingBuy$15.50 -> $17.00View Rating Details
6/9/2016Pi FinancialReiterated RatingBuy$11.00 -> $12.00View Rating Details
4/15/2016Paradigm CapitalReiterated RatingBuy$7.80 -> $10.25View Rating Details
4/15/2016DesjardinsReiterated RatingBuy$8.50 -> $10.00View Rating Details
1/20/2016MackieReiterated RatingBuy$6.00View Rating Details
11/1/2015Barclays PLCReiterated RatingOutperform$5.00 -> $5.50View Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Richmont Mines (ARCA:RIC)
Earnings by Quarter for Richmont Mines (ARCA:RIC)
Earnings History by Quarter for Richmont Mines (ARCA:RIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/20173/31/2017$0.06$0.07$45.88 million$46.50 millionViewListenView Earnings Details
2/21/2017Q416$0.04$0.02$33.28 million$44.20 millionViewListenView Earnings Details
11/10/2016Q316$0.01$0.01$27.92 million$23.90 millionViewN/AView Earnings Details
5/12/2016Q116$0.14$0.15$36.41 million$52.60 millionViewN/AView Earnings Details
2/22/2016Q415$0.04($0.05)$29.35 million$23.88 millionViewN/AView Earnings Details
11/5/2015Q315$0.05$0.06$134.87 million$34.10 millionViewN/AView Earnings Details
2/19/2015($0.01)$0.02$23.81 millionViewN/AView Earnings Details
8/5/2014Q2$0.11$35.67 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Richmont Mines (ARCA:RIC)
Current Year EPS Consensus Estimate: $0.29 EPS
Next Year EPS Consensus Estimate: $0.62 EPS

Dividends

Dividend History for Richmont Mines (ARCA:RIC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Richmont Mines (ARCA:RIC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Richmont Mines (ARCA:RIC)
Latest Headlines for Richmont Mines (ARCA:RIC)
Source:
DateHeadline
americanbankingnews.com logoRichmont Mines Inc. (RIC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 19 at 3:14 PM
finance.yahoo.com logoRichmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-US : May 17, 2017
finance.yahoo.com - May 17 at 7:28 PM
finance.yahoo.com logoRichmont Mines, Inc. breached its 50 day moving average in a Bearish Manner : RIC-US : May 5, 2017
finance.yahoo.com - May 5 at 7:46 PM
americanbankingnews.com logoRichmont Mines Inc. (RIC) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 4 at 7:12 PM
americanbankingnews.com logoRichmont Mines (RIC) Earns Daily Coverage Optimism Rating of 0.23
www.americanbankingnews.com - May 3 at 1:03 AM
americanbankingnews.com logoRichmont Mines (RIC) Getting Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 28 at 5:55 PM
americanbankingnews.com logoRichmont Mines (RIC) Earns Daily Media Impact Rating of 0.05
www.americanbankingnews.com - April 25 at 7:44 PM
americanbankingnews.com logoRichmont Mines Inc. (RIC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 24 at 6:40 PM
americanbankingnews.com logoSomewhat Positive News Coverage Extremely Unlikely to Affect Richmont Mines (RIC) Share Price
www.americanbankingnews.com - April 18 at 9:17 PM
streetinsider.com logoRichmont Mines, Inc. (RIC) Reports Q1 Gold Production of 29401 Ounces - StreetInsider.com
www.streetinsider.com - April 15 at 8:29 AM
finance.yahoo.com logoRichmont Mines Reports Solid 1st Quarter Operating Results - Yahoo Finance
finance.yahoo.com - April 15 at 8:29 AM
americanbankingnews.com logoRichmont Mines (RIC) Earning Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 13 at 7:47 PM
finance.yahoo.com logoRichmont Mines, Inc. – Value Analysis (NYSE:RIC) : April 13, 2017
finance.yahoo.com - April 13 at 7:22 PM
reuters.com logoBRIEF-Richmont Mines sees 2017 total gold production of 110,000 oz-120,000 oz
www.reuters.com - April 13 at 9:51 AM
prnewswire.com logoTechnical Roundup on Gold Stocks -- Sibanye, Gold Standard, Seabridge, and Richmont Mines - PR Newswire (press release)
www.prnewswire.com - April 8 at 11:54 AM
americanbankingnews.com logoRichmont Mines Inc. (RIC) Raised to B at TheStreet
www.americanbankingnews.com - April 7 at 8:59 PM
us.rd.yahoo.com logoRichmont Mines Provides Exploration and Delineation Drilling Update for the Island Gold Mine; New High Grade Mineralization Identified: 20.6 g/t of gold over 11.3 metres (core length) in the Eastern Lateral Extension
us.rd.yahoo.com - March 30 at 7:49 PM
americanbankingnews.com logoRichmont Mines Inc. (RIC) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 29 at 2:01 PM
prnewswire.com logoRichmont Files Technical Report for the Island Gold Mine - PR Newswire (press release)
www.prnewswire.com - March 20 at 5:36 PM
streetinsider.com logoRichmont Mines, Inc. (RIC) Posts Q4 EPS of C$0.02
www.streetinsider.com - February 21 at 5:19 PM
reuters.com logoBRIEF-Richmont Mines Q4 earnings per share C$0.02
www.reuters.com - February 21 at 5:18 PM
seekingalpha.com logoRichmont Mines, Inc 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 21 at 5:18 PM
us.rd.yahoo.com logoRichmont Mines upgraded by CIBC
us.rd.yahoo.com - February 1 at 11:24 PM
streetinsider.com logoForm 6-K RICHMONT MINES INC For: Jan 25 - StreetInsider.com
www.streetinsider.com - January 26 at 3:25 AM
reuters.com logoBRIEF-Probe Metals options the Monique Property from Richmont Mines
www.reuters.com - January 17 at 12:12 PM
us.rd.yahoo.com logoRichmont Achieves Revised Annual Operational Guidance and Delivers Record Production
us.rd.yahoo.com - January 17 at 12:12 PM
us.rd.yahoo.com logo6:31 am Richmont Mines Inc. reports record company-wide production of 104,050 ounces of gold, at cash costs of $908 per ounce (US$685 per ounce), within the positively revised operational guidance announced on September 12
us.rd.yahoo.com - January 17 at 12:12 PM
finance.yahoo.com logoProbe Metals Options the Monique Property from Richmont Mines - Yahoo Finance
finance.yahoo.com - January 17 at 12:12 PM
finance.yahoo.com logoRichmont Mines to Transfer Listing of Common Shares to the New York Stock Exchange - Yahoo Finance
finance.yahoo.com - January 10 at 9:48 PM

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This page was last updated on 5/24/2017 by MarketBeat.com Staff