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
- Sub-Industry: N/A
- Symbol: TSE:RIC
- CUSIP: N/A
- Web: www.richmont-mines.com
Capitalization:- Market Cap: C$780.42 million
- Outstanding Shares: 63,760,000
Average Prices:- 50 Day Moving Avg: C$10.80
- 200 Day Moving Avg: C$10.13
- 52 Week Range: C$7.36 - C$15.01
P/E:- Trailing P/E Ratio: 44.67
- P/E Growth: 3.13
Sales & Book Value:- Annual Revenue: C$181.19 million
- Price / Sales: 4.31
- Book Value: C$3.49 per share
- Price / Book: 3.51
Profitability:- EBIDTA: C$54.48 million
- Net Margins: 17.72%
- Return on Equity: 19.52%
- Return on Assets: 15.85%
Misc:- Average Volume: 412,829 shs.
- Short Ratio: 2.13
Frequently Asked Questions for Richmont Mines (TSE:RIC)
What is Richmont Mines' stock symbol?
Richmont Mines trades on the Tornton Stock Exchange (TSX) under the ticker symbol "RIC."
When will Richmont Mines make its next earnings announcement?
Where is Richmont Mines' stock going? Where will Richmont Mines' stock price be in 2017?
4 brokers have issued 1 year price targets for Richmont Mines' shares. Their forecasts range from C$12.25 to C$14.50. On average, they expect Richmont Mines' stock price to reach C$13.65 in the next twelve months. View Analyst Ratings for Richmont Mines.
Who are some of Richmont Mines' key competitors?
Some companies that are related to Richmont Mines include Torex Gold Resources (TXG), Sibanye Gold Limited (SBGL), Equitable Group (EQB), Harmony Gold Mining Company Limited (HMY), Osisko Mining Corp (OSK), Premier Gold Mines (PG), Guyana Goldfields (GUY), Stornoway Diamond (SWY), Alacer Gold Corp (ASR), Solium Capital (SUM), Sabina Gold & Silver Corp (SBB), Dundee Precious Metals (DPM), Dalradian Resources (DNA), Perseus Mining Ltd (PRU), Teranga Gold Corp (TGZ), Golden Star Resources (GSC), Wesdome Gold Mines Ltd (WDO) and Asanko Gold (AKG).
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
How do I buy Richmont Mines stock?
Shares of Richmont Mines and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Richmont Mines' stock price today?
One share of Richmont Mines stock can currently be purchased for approximately C$12.24.
MarketBeat Community Rating for Richmont Mines (TSE 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.
Consensus Ratings for Richmont Mines (TSE: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: | 1 Hold Rating, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | C$13.65 |
Analysts' Ratings History for Richmont Mines (TSE:RIC)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/12/2017 | TD Securities | Lower Price Target | Buy -> Tender | C$15.50 -> C$14.20 |  |
| 9/12/2017 | Scotiabank | Reiterated Rating | Outperform -> Tender | C$12.25 | |
| 9/12/2017 | CIBC | Lower Price Target | | C$15.50 -> C$14.25 | |
| 6/1/2017 | Cormark | Upgrade | Market Perform -> Buy | C$14.00 | |
| 5/30/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | C$12.25 | |
| 5/22/2017 | National Bank Financial | Reiterated Rating | Outperform Market Weight | | |
| 2/3/2017 | Canaccord Genuity | Boost Price Target | | C$14.25 -> C$14.50 | |
| 2/1/2017 | Desjardins | Boost Price Target | Buy | C$14.00 -> C$14.25 | |
| 6/8/2016 | Pi Financial | Boost Price Target | Buy | C$11.00 -> C$12.00 | |
| 4/13/2016 | Paradigm Capital | Lower Price Target | Buy | C$10.25 -> C$7.80 | |
| 1/19/2016 | Mackie | Initiated Coverage | Buy | C$6.00 | |
| 10/29/2015 | Barclays PLC | Boost Price Target | Outperform | C$5.00 -> C$5.50 | |
(Data available from 9/21/2015 forward)
Earnings History for Richmont Mines (TSE:RIC)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Richmont Mines (TSE:RIC)2017 EPS Consensus Estimate: $0.30
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.08 | $0.08 | $0.08 |
| Q2 2017 | 1 | $0.08 | $0.08 | $0.08 |
| Q3 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2017 | 1 | $0.07 | $0.07 | $0.07 |
(Data provided by Zacks Investment Research)
Dividend History for Richmont Mines (TSE:RIC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Richmont Mines (TSE:RIC)Insider Trades by Quarter for Richmont Mines (TSE:RIC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/18/2017 | Renaud Adams | Director | Sell | 29,900 | C$10.00 | C$299,000.00 | |
| 8/16/2017 | Renaud Adams | Director | Buy | 5,000 | C$9.69 | C$48,450.00 | |
| 8/15/2017 | Mélissa Tardif | Insider | Sell | 500 | C$9.70 | C$4,850.00 | |
| 8/15/2017 | Renaud Adams | Director | Buy | 5,000 | C$9.69 | C$48,450.00 | |
| 8/9/2017 | Renaud Adams | Director | Sell | 100 | C$10.00 | C$1,000.00 | |
| 6/23/2017 | Christian Bourcier | Insider | Sell | 10,000 | C$10.53 | C$105,300.00 | |
| 6/6/2017 | Christian Bourcier | Insider | Buy | 7,000 | C$10.07 | C$70,490.00 | |
| 4/18/2017 | Renaud Adams | Director | Sell | 50,000 | C$10.36 | C$518,000.00 | |
| 3/22/2017 | Robert Joseph Chausse | Insider | Buy | 15,000 | C$9.72 | C$145,800.00 | |
| 3/21/2017 | Christian Bourcier | Insider | Sell | 10,000 | C$10.10 | C$101,000.00 | |
| 3/14/2017 | Stephen Burleton | Insider | Sell | 1,020 | C$9.54 | C$9,730.80 | |
| 3/10/2017 | Renaud Adams | Director | Sell | 50,000 | C$9.15 | C$457,500.00 | |
| 2/24/2017 | Mélissa Tardif | Insider | Sell | 10,000 | C$11.32 | C$113,200.00 | |
| 2/23/2017 | Michael Pesner | Director | Sell | 4,000 | C$3.73 | C$14,920.00 | |
| 3/28/2016 | Peter Derek Barnes | Director | Buy | 2,100 | C$6.77 | C$14,217.00 | |
| 3/21/2016 | Daniel Adam | Insider | Sell | 4,805 | C$6.70 | C$32,181.01 | |
| 3/10/2016 | Stephen Burleton | Insider | Sell | 1,262 | C$7.15 | C$9,028.47 | |
| 3/9/2016 | M�Lissa Tardif | Insider | Sell | 1,000 | C$7.13 | C$7,130.00 | |
| 3/3/2016 | Elaine Ellingham | Director | Sell | 16,804 | C$6.45 | C$108,463.10 | |
| 3/1/2016 | Rene Louis Joseph Marion | Director | Sell | 10,000 | C$6.17 | C$61,700.00 | |
| 2/29/2016 | Michael Pesner | Director | Sell | 25,000 | C$6.26 | C$156,447.50 | |
| 1/6/2016 | Nicole Veilleux | Insider | Sell | 1,000 | C$5.04 | C$5,040.00 | |
| 12/1/2015 | Daniel Adam | Insider | Sell | 5,462 | C$4.04 | C$22,091.06 | |
| 11/27/2015 | Daniel Adam | Insider | Sell | 5,481 | C$4.01 | C$21,968.40 | |
| 11/25/2015 | H. Gregory Chamandy | Director | Sell | 47,900 | C$4.01 | C$191,968.83 | |
| 11/19/2015 | H. Gregory Chamandy | Director | Sell | 50,000 | C$4.01 | C$200,260.00 | |
| 11/16/2015 | M�Lissa Tardif | Insider | Sell | 1,752 | C$4.09 | C$7,157.10 | |
| 11/16/2015 | Rene Louis Joseph Marion | Director | Sell | 5,000 | C$3.97 | C$19,849.00 | |
| 11/13/2015 | Michael Pesner | Director | Sell | 40,000 | C$4.02 | C$160,992.00 | |
| 8/26/2015 | Stephen Burleton | Insider | Buy | 10,000 | C$3.30 | C$33,000.00 | |
| 6/18/2015 | Elaine Ellingham | Director | Sell | 15,000 | C$4.00 | C$60,000.00 | |
| 6/8/2015 | Elaine Ellingham | Director | Sell | 5,000 | C$3.87 | C$19,350.00 | |
| 6/5/2015 | Elaine Ellingham | Director | Sell | 5,000 | C$3.84 | C$19,200.00 | |
| 3/11/2015 | Michael Pesner | Director | Sell | 9,000 | C$3.70 | C$33,300.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Richmont Mines (TSE:RIC)
Latest Headlines for Richmont Mines (TSE:RIC)
| Source: |
|
| Date | Headline |
|---|
 | Richmont Mines' Shareholders Should Accept The Alamos Offer - Seeking Alpha
seekingalpha.com - September 13 at 8:45 PM |
 | Richmont Mines Inc. (RIC) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 12 at 5:13 PM |
| Richmont Mines Inc. (RIC) Price Target Cut to C$14.25
www.americanbankingnews.com - September 12 at 3:16 PM |
| Richmont Mines Inc. (RIC) Stock Rating Lowered by Scotiabank
www.americanbankingnews.com - September 12 at 3:16 PM |
| TD Securities Lowers Richmont Mines Inc. (RIC) to Tender
www.americanbankingnews.com - September 12 at 3:16 PM |
 | BRIEF-Alamos Gold announces acquisition of Richmont Mines
www.reuters.com - September 12 at 9:20 AM |
| BRIEF-Alamos Gold announces acquisition of Richmont Mines
www.reuters.com - September 12 at 9:20 AM |
 | Superior Gold Inc. Announces Appointment of René Marion to the Board of Directors - PR Newswire (press release)
www.prnewswire.com - September 7 at 8:21 AM |
 | Superior Gold Inc. Announces Appointment of René Marion to the Board of Directors
finance.yahoo.com - September 7 at 8:21 AM |
 | Daily Technical Summary Reports on Gold Stocks -- Royal Gold, Agnico Eagle Mines, Franco-Nevada, and Richmont Mines
www.bizjournals.com - August 31 at 9:22 AM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-CA : August 24, 2017
finance.yahoo.com - August 24 at 11:59 AM |
| Insider Selling: Richmont Mines Inc. (RIC) Director Sells 29,900 Shares of Stock
www.americanbankingnews.com - August 23 at 4:20 PM |
| Edited Transcript of RIC.TO earnings conference call or presentation 3-Aug-17 12:30pm GMT
finance.yahoo.com - August 23 at 10:41 AM |
| Richmont Mines Inc. (RIC) Director Renaud Adams Acquires 5,000 Shares
www.americanbankingnews.com - August 16 at 5:18 PM |
| Richmont Mines Inc. (RIC) Director Purchases C$48,450.00 in Stock
www.americanbankingnews.com - August 16 at 5:18 PM |
| Edited Transcript of RIC.TO earnings conference call or presentation 3-Aug-17 12:30pm GMT
finance.yahoo.com - August 13 at 5:46 AM |
 | Richmont Mines CEO Enters Into Automatic Securities Disposition Plan - MarketWatch
www.marketwatch.com - August 9 at 6:55 AM |
| Richmont Mines CEO Enters Into Automatic Securities Disposition Plan
finance.yahoo.com - August 9 at 6:55 AM |
| Richmont Mines Inc. (RIC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 8 at 7:46 AM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bearish Manner : RIC-CA : August 7, 2017
finance.yahoo.com - August 8 at 6:40 AM |
| Richmont Mines, Inc. :RIC-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 8 at 6:40 AM |
| Richmont Mines, Inc. :RIC-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 6:37 AM |
| BRIEF-Richmont Mines Q2 earnings per share $0.17
www.reuters.com - August 4 at 7:36 AM |
| Investor Network: Richmont Mines, Inc. to Host Earnings Call
finance.yahoo.com - August 4 at 7:36 AM |
| Richmont Mines Reports Strong Second Quarter Financial Results Driven by Solid Operational and Record Cost Performance from the Island Gold Mine; Reports Net Free Cash Flow of $19.2 (US$14.3) Million
finance.yahoo.com - August 4 at 7:36 AM |
| Richmont Mines posts 2Q profit
finance.yahoo.com - August 4 at 7:36 AM |
| Richmont Mines Inc. (RIC) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 27 at 5:00 PM |
| Richmont Mines Intersects High-Grade, Wide Mineralization in the Down Plunge Extension of the Island Gold Deposit; Including 19.85 g/t gold over 8.4 metres
finance.yahoo.com - July 27 at 6:52 AM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-CA : July 18, 2017
finance.yahoo.com - July 19 at 7:15 AM |
| Richmont Mines Inc. (RIC) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 14 at 12:44 PM |
| Richmont Mines Reports Strong Operational Second Quarter
finance.yahoo.com - July 13 at 8:47 AM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bearish Manner : RIC-CA : July 5, 2017
finance.yahoo.com - July 5 at 10:10 AM |
| Insider Selling: Richmont Mines Inc. (RIC) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - June 26 at 10:40 PM |
| Richmont Mines - A Long-Term Buying Opportunity - Seeking Alpha - Seeking Alpha
seekingalpha.com - June 20 at 2:32 AM |
| Richmont Mines Inc. (RIC) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - June 19 at 9:04 AM |
| Richmont Mines, Inc. – Value Analysis (TORONTO:RIC) : June 16, 2017
finance.yahoo.com - June 16 at 8:37 PM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bearish Manner : RIC-CA : June 15, 2017
finance.yahoo.com - June 16 at 9:20 AM |
| Richmont Mines Inc. (RIC) Insider Christian Bourcier Purchases 7,000 Shares
www.americanbankingnews.com - June 7 at 8:20 PM |
 | Active Wall Street: Research Reports Initiated on Basic Materials Stocks Potash Ridge, Canarc Resource, Richmont Mines, and Fortune Minerals
www.finanznachrichten.de - June 2 at 10:57 PM |
| Richmont Mines Inc. (RIC) Expected to Post FY2020 Earnings of $0.95 Per Share
www.americanbankingnews.com - June 1 at 2:50 PM |
| Richmont Mines Reports Strong Results from the Island Gold Mine ... - PR Newswire (press release)
www.prnewswire.com - May 31 at 7:36 PM |
| Richmont Mines Inc. (RIC) Expected to Post FY2017 Earnings of $0.53 Per Share
www.americanbankingnews.com - May 31 at 7:26 AM |
| Richmont Mines' (RIC) "Market Perform" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - May 30 at 1:14 PM |
| Richmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-CA : May 30, 2017
finance.yahoo.com - May 30 at 9:32 AM |
| BRIEF-Richmont Mines reports strong results from Island Gold Mine expansion case preliminary economic assessment
www.reuters.com - May 29 at 8:02 AM |
| Richmont Mines Reports Strong Results from the Island Gold Mine Expansion Case Preliminary Economic Assessment
finance.yahoo.com - May 29 at 8:02 AM |
| Analysts Offer Predictions for Richmont Mines Inc.'s FY2017 Earnings (RIC)
www.americanbankingnews.com - May 25 at 7:42 AM |
| Richmont Mines' (RIC) Outperform Market Weight Rating Reiterated at National Bank Financial
www.americanbankingnews.com - May 25 at 7:16 AM |
| Richmont Mines Inc. (RIC) Coverage Initiated at National Bank Financial
www.americanbankingnews.com - May 23 at 12:36 PM |
| Richmont Mines Inc. (RIC) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 23 at 7:32 AM |
Richmont Mines (RIC) Chart for Thursday, September, 21, 2017
