Richmont Mines Company Profile (TSE:RIC)

About Richmont Mines

Richmont Mines logoRichmont Mines Inc. is a mining company. The Company is engaged in activities related to the acquisition, exploration, development and operation of mineral properties. Its segments include Quebec and Ontario. It has two divisions: Ontario Division and Quebec Division. Its Island Gold Mine is located approximately 80 kilometers northeast of Wawa, Ontario in the Sault Ste. Marie Mining Division. Dubreuilville, Ontario is approximately 10 kilometers northwest of the Island Gold Mine. The Island Gold property is divided into approximately nine parts, which consists of over 220 patented, leased and staked claims. Its Beaufor Mine property along with other adjacent properties, such as Pascalis, Perron, Colombiere, Courvan and Perron Blocks 2 and 3, are located approximately 20 kilometers northeast of the town of Val-d'Or, in the Abitibi-East county, in the Province of Quebec. Its approximately 1,200 tons per day (tpd) Camflo mill is located over 50 kilometers from Beaufor Mine property.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: RIC
  • CUSIP:
Key Metrics:
  • Previous Close: $11.35
  • 50 Day Moving Average: $11.01
  • 200 Day Moving Average: $11.09
  • 52-Week Range: C$62,977,000.00 - C$5.99
  • Trailing P/E Ratio: 56.75
  • P/E Growth: 2.46
  • Market Cap: $714.79M
  • Outstanding Shares: 62,977,000
Additional Links:

Analyst Ratings

Consensus Ratings for Richmont Mines (TSE:RIC) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: C$13.17

Analysts' Ratings History for Richmont Mines (TSE:RIC)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017ScotiabankReiterated RatingSector PerformC$12.50View Rating Details
2/22/2017TD SecuritiesReiterated RatingBuyC$15.50View Rating Details
2/3/2017Canaccord GenuityBoost Price TargetC$14.25 -> C$14.50View Rating Details
2/1/2017DesjardinsBoost Price TargetBuyC$14.00 -> C$14.25View Rating Details
2/1/2017CIBCUpgradeNeutral -> OutperformC$14.50 -> C$15.50View Rating Details
11/17/2016National Bank FinancialUpgradeSector Perform -> OutperformView Rating Details
10/14/2016BMO Capital MarketsReiterated RatingUnderperformC$13.00View Rating Details
6/8/2016Pi FinancialBoost Price TargetBuyC$11.00 -> C$12.00View Rating Details
4/13/2016Paradigm CapitalLower Price TargetBuyC$10.25 -> C$7.80View Rating Details
1/19/2016MackieInitiated CoverageBuyC$6.00View Rating Details
10/29/2015Barclays PLCBoost Price TargetOutperformC$5.00 -> C$5.50View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Richmont Mines (TSE:RIC)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Richmont Mines (TSE:RIC)
Current Year EPS Consensus Estimate: $0.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.16$0.16$0.16
Q2 20163$0.04$0.09$0.06
Q3 20163$0.02$0.07$0.04
Q4 20162$0.01$0.11$0.06
Q1 20171$0.08$0.08$0.08
Q2 20171$0.08$0.08$0.08
Q3 20171$0.07$0.07$0.07
Q4 20171$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for Richmont Mines (TSE:RIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/23/2017Michael PesnerDirectorSell4,000C$3.73C$14,920.00
3/28/2016Peter Derek BarnesDirectorBuy2,100C$6.77C$14,217.00
3/21/2016Daniel AdamInsiderSell4,805C$6.70C$32,181.01
3/10/2016Stephen BurletonInsiderSell1,262C$7.15C$9,028.47
3/9/2016M�Lissa TardifInsiderSell1,000C$7.13C$7,130.00
3/3/2016Elaine EllinghamDirectorSell16,804C$6.45C$108,463.10
3/1/2016Rene Louis Joseph MarionDirectorSell10,000C$6.17C$61,700.00
2/29/2016Michael PesnerDirectorSell25,000C$6.26C$156,447.50
1/6/2016Nicole VeilleuxInsiderSell1,000C$5.04C$5,040.00
12/1/2015Daniel AdamInsiderSell5,462C$4.04C$22,091.06
11/27/2015Daniel AdamInsiderSell5,481C$4.01C$21,968.40
11/25/2015H. Gregory ChamandyDirectorSell47,900C$4.01C$191,968.83
11/19/2015H. Gregory ChamandyDirectorSell50,000C$4.01C$200,260.00
11/16/2015M�Lissa TardifInsiderSell1,752C$4.09C$7,157.10
11/16/2015Rene Louis Joseph MarionDirectorSell5,000C$3.97C$19,849.00
11/13/2015Michael PesnerDirectorSell40,000C$4.02C$160,992.00
8/26/2015Stephen BurletonInsiderBuy10,000C$3.30C$33,000.00
6/18/2015Elaine EllinghamDirectorSell15,000C$4.00C$60,000.00
6/8/2015Elaine EllinghamDirectorSell5,000C$3.87C$19,350.00
6/5/2015Elaine EllinghamDirectorSell5,000C$3.84C$19,200.00
3/11/2015Michael PesnerDirectorSell9,000C$3.70C$33,300.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Richmont Mines (TSE:RIC)
DateHeadline
prnewswire.com logoTechnical Reports on Basic Materials Stocks -- Great Panther Silver, Seabridge Gold, Richmont Mines, and Gold ... - PR Newswire (press release) (TSE:RIC)
www.prnewswire.com - February 24 at 8:06 AM
News IconEquity Focus: Zeroing in on Shares of Richmont Mines Inc (RIC) - Rives Journal (TSE:RIC)
rivesjournal.com - February 23 at 12:45 AM
prnewswire.com logoRichmont Mines Reports Fourth Quarter and Annual Financial Results; Record Performance at the Island Gold Mine - PR Newswire (press release) (TSE:RIC)
www.prnewswire.com - February 23 at 12:45 AM
News IconTechnical Levels in Review on Shares of Richmont Mines Inc (RIC.TO) - The Standard (TSE:RIC)
6milestandard.com - February 21 at 5:19 PM
News IconMarket Review: Indicator Watch for Richmont Mines Inc (RIC) - Davidson Register (TSE:RIC)
davidsonregister.com - February 21 at 5:19 PM
reuters.com logoBRIEF-Richmont Mines Q4 earnings per share C$0.02 - Reuters (TSE:RIC)
www.reuters.com - February 21 at 5:19 PM
finance.yahoo.com logoRichmont Mines posts 4Q profit - Yahoo Finance (TSE:RIC)
finance.yahoo.com - February 21 at 5:19 PM
News IconRichmont Mines, Inc. (NYSE:RIC) Updated Broker Ratings - NewsDen (TSE:RIC)
newsden.net - February 18 at 8:19 AM
News IconStock Circle: Looking Closer at Shares of Richmont Mines Inc. (TSX:RIC) - Providence Standard (TSE:RIC)
providencestandard.com - February 18 at 8:19 AM
4-traders.com logoOpawica Explorations Inc. Announces Drill Mobilization at Bazooka Property, Quebec (TSE:RIC)
www.4-traders.com - February 16 at 7:11 PM
News IconStock in Focus: Richmont Mines Inc. (TSX:RIC) - Baxter Review (TSE:RIC)
baxternewsreview.com - February 10 at 10:47 PM
News IconHillsdale Investment Management INC Stake in Richmont Mines INC (RIC) Has Lowered by $14.01 Million (TSE:RIC)
randolphguide.com - February 6 at 7:39 PM
juniorminingnetwork.com logoRichmont Mines Announces 2017 Guidance with Island Gold Mine Positioned for Another Record Year - Junior Mining Network (TSE:RIC)
www.juniorminingnetwork.com - February 3 at 10:54 PM
finance.yahoo.com logoRichmont Mines Announces Details for 2016 Fourth Quarter and Annual Financial Results Conference Call and Webcast (TSE:RIC)
finance.yahoo.com - February 3 at 10:54 PM
rttnews.com logoCanadian Stocks In Limbo As U.S. Fed Stands Pat -- Canadian Commentary (TSE:RIC)
www.rttnews.com - February 2 at 4:26 AM
News IconStock Vaulting Higher Mid-Market: Richmont Mines Inc. (:RIC) - Aiken Advocate (TSE:RIC)
aikenadvocate.com - February 1 at 11:24 PM
4-traders.com logoRichmont Mines : Reports 2016 Mineral Reserves & Resources (TSE:RIC)
www.4-traders.com - January 31 at 9:56 PM
finance.yahoo.com logoRichmont Reports 2016 Mineral Reserves & Resources (TSE:RIC)
finance.yahoo.com - January 31 at 9:56 PM
News IconWatching the Charts on Shares of Richmont Mines Inc. (RIC.TO) - Rives Journal (TSE:RIC)
rivesjournal.com - January 30 at 8:15 PM
News IconFCF Score Review for Richmont Mines Inc. (TSX:RIC) - Gilbert Daily (TSE:RIC)
gilbertdaily.com - January 30 at 8:15 PM
reuters.com logoBRIEF-Richmont Mines strengthens its senior management team and appoints Robert Chausse as CFO (TSE:RIC)
www.reuters.com - January 26 at 3:28 AM
News IconRichmont Mines achieves revised annual operational (TSE:RIC)
steelguru.com - January 20 at 6:29 AM
reuters.com logoBRIEF-Richmont achieves operational guidance and delivers record production (TSE:RIC)
www.reuters.com - January 17 at 7:54 PM
finance.yahoo.com logoProbe Metals optionne la propriété Monique de Mines Richmont (TSE:RIC)
ca.finance.yahoo.com - January 17 at 7:54 PM
News IconInstitutional Sentiment In Focus For Shares of Richmont Mines Inc. (:RIC) - Wall Street Beacon (TSE:RIC)
wsbeacon.com - January 15 at 12:38 AM
News IconWorth Watching: Could Richmont Mines Inc. (USA) Change Direction After Today's Gap Down? - Fair View Times (TSE:RIC)
fairviewtimes.com - January 15 at 12:38 AM
finance.yahoo.com logoRichmont Mines to Transfer Listing of Common Shares to the New York Stock Exchange (TSE:RIC)
finance.yahoo.com - January 10 at 9:47 PM
capitalcube.com logoRichmont Mines, Inc. – Value Analysis (TORONTO:RIC) : January 9, 2017 (TSE:RIC)
www.capitalcube.com - January 9 at 8:14 PM
capitalcube.com logoRichmont Mines, Inc. breached its 50 day moving average in a Bullish Manner : RIC-CA : January 6, 2017 (TSE:RIC)
www.capitalcube.com - January 6 at 8:42 PM
News IconTechnical Level Spotcheck on Shares of Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - December 22 at 2:28 AM
News IconRichmont Mines Announces Receipt Permit Amendments for Island Gold Mine in Northern Ontario (TSE:RIC)
www.azomining.com - December 20 at 2:11 PM
4-traders.com logoRichmont Mines Inc. : - Island Gold Mine Receives Permit Amendments to an Average of 1,100 Tonnes per Day (TSE:RIC)
www.4-traders.com - December 20 at 2:11 PM
4-traders.com logoRichmont Mines : Island Gold Mine Receives Permit Amendments to an Average of 1,100 Tonnes per Day (TSE:RIC)
www.4-traders.com - December 19 at 8:05 AM
publicnow.com logoIsland Gold Mine Receives Permit Amendments to an Average of 1,100 Tonnes per Day (TSE:RIC)
www.publicnow.com - December 19 at 8:05 AM
News IconAverage True Range Check on Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - December 16 at 12:37 AM
News IconIndicator Level Summary for Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - December 14 at 8:01 AM
News IconCCI Focus on Shares of Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - December 8 at 7:59 PM
capitalcube.com logoETFs with exposure to Richmont Mines, Inc. : December 8, 2016 (TSE:RIC)
www.capitalcube.com - December 8 at 7:59 PM
News IconChart Inspection on Shares of Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - December 5 at 7:24 PM
News IconReady for a Breakout? Stock Update on Richmont Mines Inc. (RIC) - Yankee Analysts (TSE:RIC)
yankeeanalysts.com - December 5 at 7:24 PM
News IconTechnical Watch on These Shares: Richmont Mines Inc. (RIC) - Yankee Analysts (TSE:RIC)
yankeeanalysts.com - December 1 at 7:26 PM
News IconRichmont Mines, Inc. (RIC) Valuation According To Analysts - UK Market News (TSE:RIC)
www.ukmarketnews.co.uk - December 1 at 8:19 AM
News IconWhat Are the Technicals Saying About These Shares: Richmont Mines Inc. (RIC.TO) - Wall Street Confidential (TSE:RIC)
wsconfidential.com - November 29 at 1:49 PM
investingnews.com logoQuebec Gold Mines (TSE:RIC)
investingnews.com - November 25 at 12:22 PM
capitalcube.com logoRichmont Mines, Inc. :RIC-CA: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 (TSE:RIC)
www.capitalcube.com - November 22 at 11:43 AM
finance.yahoo.com logoRichmont Mines Reports Third Quarter Financial Results; Pivotal Quarter Positions Island Gold for Growth (TSE:RIC)
ca.finance.yahoo.com - November 10 at 7:04 PM
reuters.com logoBRIEF-Richmont Mines qtrly adjusted operating cash flow $0.07 per share (TSE:RIC)
www.reuters.com - November 10 at 7:04 PM
seekingalpha.com logoRichmont Mines, Inc 2016 Q3 - Results - Earnings Call Slides (TSE:RIC)
seekingalpha.com - November 10 at 7:04 PM
finance.yahoo.com logoStock futures lower as oil prices slip (TSE:RIC)
ca.finance.yahoo.com - November 2 at 7:28 PM
baystreet.ca logoRichmont Mines (RIC) Gains on Expansion Case (TSE:RIC)
www.baystreet.ca - November 1 at 11:41 AM

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What is Richmont Mines' stock symbol?

Richmont Mines trades on the Tornton Stock Exchange (TSX) under the ticker symbol "RIC."

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

9 analysts have issued 12-month target prices for Richmont Mines' shares. Their forecasts range from C$7.80 to C$15.50. On average, they expect Richmont Mines' stock price to reach C$13.17 in the next year.

When will Richmont Mines announce their earnings?

Richmont Mines is scheduled to release their next quarterly earnings announcement on Wednesday, May, 10th 2017.

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.

How much does a share of Richmont Mines stock cost?

One share of Richmont Mines stock can currently be purchased for approximately C$11.35.

Richmont Mines (TSE:RIC) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Richmont Mines (TSE:RIC)

Earnings History Chart

Earnings by Quarter for Richmont Mines (TSE:RIC)

Dividend History Chart

Dividend Payments by Quarter for Richmont Mines (TSE:RIC)

Last Updated on 2/25/2017 by MarketBeat.com Staff