Richmont Mines Inc, formerly Ressources Minieres Rouyn Inc, is a Canada-based mining company. The Company is engaged in the 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 the production of gold from the Island Gold Mine in Ontario and the Beaufor Mine in Quebec. The Island Gold mine is located approximately 80 kilometers northeast of Wawa, Ontario. It is part of the Island Gold Project, which is divided into more than eight parts (properties) comprising approximately 200 patented, leased and staked claims covering approximately 8,000 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 approximately 20 kilometers northeast of Val-d'Or, Quebec.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:RIC
CUSIPN/A
Phone+1-819-7972465
Debt
Debt-to-Equity Ratio0.02
Current Ratio3.09
Quick Ratio2.86
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$127.39 million
Price / Sales4.81
Cash Flow$0.5324 per share
Price / Cash18.03
Book Value$2.82 per share
Price / Book3.40
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$9.41 million
Net Margins13.14%
Return on Equity8.60%
Return on Assets6.94%
Miscellaneous
Employees491
Outstanding Shares63,820,000
Market Cap$611.66
Richmont Mines (NYSE:RIC) Frequently Asked Questions
What is Richmont Mines' stock symbol?
Richmont Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIC."
How were Richmont Mines' earnings last quarter?
Richmont Mines Inc. (NYSE:RIC) released its quarterly earnings data on Wednesday, November, 8th. The basic materials company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The basic materials company had revenue of $36.55 million for the quarter, compared to analyst estimates of $36.45 million. Richmont Mines had a net margin of 13.14% and a return on equity of 8.60%. The firm's quarterly revenue was up 52.0% compared to the same quarter last year. View Richmont Mines' Earnings History.
What price target have analysts set for RIC?
1 equities research analysts have issued twelve-month price targets for Richmont Mines' shares. Their forecasts range from $12.33 to $12.33. On average, they expect Richmont Mines' stock price to reach $12.33 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Ratings for Richmont Mines.
What is the consensus analysts' recommendation for Richmont Mines?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Richmont Mines in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are Richmont Mines' key executives?
Richmont Mines' management team includes the folowing people:
- Renaud Adams, President, Chief Executive Officer, Director (Age 45)
- 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
Has Richmont Mines been receiving favorable news coverage?
News headlines about RIC stock have been trending somewhat positive on Sunday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Richmont Mines earned a media sentiment score of 0.13 on Accern's scale. They also gave press coverage about the basic materials company an impact score of 46.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
How do I buy shares of Richmont Mines?
Shares of RIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Richmont Mines' stock price today?
One share of RIC stock can currently be purchased for approximately $9.60.
How big of a company is Richmont Mines?
Richmont Mines has a market capitalization of $611.66 million and generates $127.39 million in revenue each year. Richmont Mines employs 491 workers across the globe.
How can I contact Richmont Mines?
Richmont Mines' mailing address is 161 Principale Ave, ROUYN-NORANDA, QC J9X 4P6, Canada. The basic materials company can be reached via phone at +1-819-7972465 or via email at [email protected]
MarketBeat Community Rating for Richmont Mines (NYSE RIC)
MarketBeat's community ratings are surveys of what our community members think about Richmont Mines and other stocks. Vote "Outperform" if you believe RIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
