Richmont 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: Gold - NEC
- Sub-Industry: N/A
- Symbol: ARCA:RIC
- CUSIP: N/A
- Web: www.richmont-mines.com
- Market Cap: $509.81 million
- Outstanding Shares: 63,030,000
- 50 Day Moving Avg: $7.67
- 200 Day Moving Avg: $7.69
- 52 Week Range: $4.97 - $11.66
- Trailing P/E Ratio: 73.04
- Foreward P/E Ratio: Infinity
- P/E Growth: 3.25
- Net Margins: 5.77%
- Return on Equity: 4.62%
- Return on Assets: 3.70%
- Debt-to-Equity Ratio: 0.03%
- Current Ratio: 3.65%
- Quick Ratio: 3.20%
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) posted its earnings results on Thursday, May, 4th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The firm earned $46.50 million during the quarter, compared to analysts' expectations of $45.88 million. Richmont Mines had a net margin of 5.77% and a return on equity of 4.62%. The business's revenue for the quarter 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?
5 brokerages have issued 12-month price targets for Richmont Mines' shares. Their predictions range from $13.00 to $17.00. On average, they anticipate Richmont Mines' stock price to reach $14.92 in the next year. View Analyst Ratings for Richmont Mines.
Who are some of Richmont Mines' key competitors?
Who are Richmont Mines' key executives?
Richmont Mines' management team includes the folowing people:
- Renaud Adams, President, Chief Executive Officer, Director
- Robert J. Chausse, Chief Financial Officer
- Nicole Veilleux CPA, Vice President - Finance
- Christian Bourcier, Vice President - Operations
- Anne Lousie Day, Vice President of Investor Relations
- Daniel Adam, Vice President - Exploration
- Stephen Burleton, Vice President - Business Development
- Melissa Tardif, Corporate Secretary
Who owns Richmont Mines stock?
Richmont Mines' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (2.26%), Sprott Inc. (1.82%), Financial & Investment Management Group Ltd. (0.87%), Fruth Investment Management (0.07%) and Aperio Group LLC (0.03%). View Institutional Ownership Trends for Richmont Mines.
Who sold Richmont Mines stock? Who is selling Richmont Mines stock?
Who bought Richmont Mines stock? Who is buying Richmont Mines stock?
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.
What is Richmont Mines' stock price today?
MarketBeat Community Rating for Richmont Mines (ARCA RIC)MarketBeat's community ratings are surveys of what our community members think about Richmont Mines and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Richmont Mines stock can currently be purchased for approximately $7.05.
Consensus Ratings for Richmont Mines (ARCA:RIC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$14.92|
Analysts' Ratings History for Richmont Mines (ARCA:RIC)
(Data available from 7/28/2015 forward)
|5/22/2017||National Bank Financial||Reiterated Rating||Outperform Market Weight|
|2/1/2017||CIBC||Upgrade||Sector Perform -> Sector Outperform|
|2/1/2017||BMO Capital Markets||Upgrade||Underperform -> Market Perform|
|11/3/2016||Scotiabank||Reiterated Rating||Sector Perform||$15.00|
|8/11/2016||TD Securities||Reiterated Rating||Buy||$15.00 -> $16.50|
|8/10/2016||Canaccord Genuity||Reiterated Rating||Buy||$15.50 -> $17.00|
|6/9/2016||Pi Financial||Reiterated Rating||Buy||$11.00 -> $12.00|
|4/15/2016||Paradigm Capital||Reiterated Rating||Buy||$7.80 -> $10.25|
|4/15/2016||Desjardins||Reiterated Rating||Buy||$8.50 -> $10.00|
|11/1/2015||Barclays PLC||Reiterated Rating||Outperform||$5.00 -> $5.50|
Earnings History for Richmont Mines (ARCA:RIC)Earnings History by Quarter for Richmont Mines (ARCA RIC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2017||3/31/2017||$0.06||$0.07||$45.88 million||$46.50 million||View||Listen|
|2/21/2017||Q416||$0.04||$0.02||$33.28 million||$44.20 million||View||Listen|
|11/10/2016||Q316||$0.01||$0.01||$27.92 million||$23.90 million||View||N/A|
|5/12/2016||Q116||$0.14||$0.15||$36.41 million||$52.60 million||View||N/A|
|2/22/2016||Q415||$0.04||($0.05)||$29.35 million||$23.88 million||View||N/A|
|11/5/2015||Q315||$0.05||$0.06||$134.87 million||$34.10 million||View||N/A|
Earnings Estimates for Richmont Mines (ARCA:RIC)
Current Year EPS Consensus Estimate: $0.5 EPS
Dividend History for Richmont Mines (ARCA:RIC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Richmont Mines (ARCA:RIC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Richmont Mines (ARCA:RIC)
Latest Headlines for Richmont Mines (ARCA:RIC)
|Richmont Mines Inc. (ARCA:RIC) Lifted to Buy at BidaskClub|
www.americanbankingnews.com - July 19 at 7:28 PM
|Richmont Mines, Inc. (ARCA:RIC) Given Consensus Rating of "Buy" by Brokerages|
www.americanbankingnews.com - July 10 at 4:52 PM
|Richmont Mines, Inc. breached its 50 day moving average in a Bearish Manner : RIC-US : July 6, 2017|
finance.yahoo.com - July 7 at 8:21 AM
|ETFs with exposure to Richmont Mines, Inc. : June 26, 2017|
finance.yahoo.com - June 27 at 7:47 AM
|Richmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-US : June 20, 2017|
finance.yahoo.com - June 21 at 4:17 AM
|Richmont Mines, Inc. (RIC) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - June 13 at 2:50 PM
|Richmont Mines, Inc. – Value Analysis (NYSE:RIC) : June 8, 2017|
finance.yahoo.com - June 8 at 8:40 PM
|Richmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-US : June 7, 2017|
finance.yahoo.com - June 7 at 10:45 AM
|Richmont Mines, Inc.: Price momentum supported by strong fundamentals|
finance.yahoo.com - June 7 at 10:45 AM
|This Gold Miner Is Positioned to Experience Solid Growth|
www.fool.ca - May 27 at 3:50 AM
|Richmont Mines Inc. (RIC) Receives Outperform Market Weight Rating from National Bank Financial|
www.americanbankingnews.com - May 24 at 1:26 PM
|Richmont Mines Inc. (RIC) Receives Consensus Rating of "Buy" from Brokerages|
www.americanbankingnews.com - May 19 at 3:14 PM
|Richmont 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
|Richmont 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
|Richmont Mines Inc. (RIC) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS|
www.americanbankingnews.com - May 4 at 7:12 PM
|Richmont Mines (RIC) Earns Daily Coverage Optimism Rating of 0.23|
www.americanbankingnews.com - May 3 at 1:03 AM
|Richmont Mines (RIC) Getting Somewhat Favorable Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 28 at 5:55 PM
|Richmont Mines (RIC) Earns Daily Media Impact Rating of 0.05|
www.americanbankingnews.com - April 25 at 7:44 PM
|Richmont Mines Inc. (RIC) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - April 24 at 6:40 PM
|Somewhat Positive News Coverage Extremely Unlikely to Affect Richmont Mines (RIC) Share Price|
www.americanbankingnews.com - April 18 at 9:17 PM
|Richmont Mines, Inc. (RIC) Reports Q1 Gold Production of 29401 Ounces - StreetInsider.com|
www.streetinsider.com - April 15 at 8:29 AM
|Richmont Mines Reports Solid 1st Quarter Operating Results - Yahoo Finance|
finance.yahoo.com - April 15 at 8:29 AM
|Richmont Mines (RIC) Earning Somewhat Positive Media Coverage, Study Finds|
www.americanbankingnews.com - April 13 at 7:47 PM
|Richmont Mines, Inc. – Value Analysis (NYSE:RIC) : April 13, 2017|
finance.yahoo.com - April 13 at 7:22 PM
|BRIEF-Richmont Mines sees 2017 total gold production of 110,000 oz-120,000 oz|
www.reuters.com - April 13 at 9:51 AM
|Technical Roundup on Gold Stocks -- Sibanye, Gold Standard, Seabridge, and Richmont Mines - PR Newswire (press release)|
www.prnewswire.com - April 8 at 11:54 AM
|Richmont Mines Inc. (RIC) Raised to B at TheStreet|
www.americanbankingnews.com - April 7 at 8:59 PM
|Richmont 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
|Richmont Mines Inc. (RIC) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - March 29 at 2:01 PM
|Richmont Files Technical Report for the Island Gold Mine - PR Newswire (press release)|
www.prnewswire.com - March 20 at 5:36 PM
|Richmont Mines, Inc. (RIC) Posts Q4 EPS of C$0.02|
www.streetinsider.com - February 21 at 5:19 PM
|BRIEF-Richmont Mines Q4 earnings per share C$0.02|
www.reuters.com - February 21 at 5:18 PM
|Richmont Mines, Inc 2016 Q4 - Results - Earnings Call Slides|
seekingalpha.com - February 21 at 5:18 PM
|Richmont Mines upgraded by CIBC|
us.rd.yahoo.com - February 1 at 11:24 PM
|Form 6-K RICHMONT MINES INC For: Jan 25 - StreetInsider.com|
www.streetinsider.com - January 26 at 3:25 AM
|BRIEF-Probe Metals options the Monique Property from Richmont Mines|
www.reuters.com - January 17 at 12:12 PM
|Richmont Achieves Revised Annual Operational Guidance and Delivers Record Production|
us.rd.yahoo.com - January 17 at 12:12 PM
|6:31 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
|Probe Metals Options the Monique Property from Richmont Mines - Yahoo Finance|
finance.yahoo.com - January 17 at 12:12 PM
|Richmont Mines to Transfer Listing of Common Shares to the New York Stock Exchange - Yahoo Finance|
finance.yahoo.com - January 10 at 9:48 PM