$0.06 EPS Expected for Richmont Mines Inc. (RIC)

October 16, 2017 - By Ellis Scott

 $0.06 EPS Expected for Richmont Mines Inc. (RIC)

Analysts await Richmont Mines Inc. (TSE:RIC) to report earnings on November, 9. T_RIC’s profit will be $3.83M for 50.25 P/E if the $0.06 EPS becomes a reality. After $0.17 actual earnings per share reported by Richmont Mines Inc. for the previous quarter, Wall Street now forecasts -64.71 % negative EPS growth. The stock decreased 0.74% or $0.09 on October 16, reaching $12.06. About 367,682 shares traded. Richmont Mines Inc. (TSE:RIC) has 0.00% since October 16, 2016 and is . It has underperformed by 16.70% the S&P500.

Richmont Mines Inc. (TSE:RIC) Ratings Coverage

Among 11 analysts covering Richmont Mines Inc. (TSE:RIC), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Richmont Mines Inc. had 31 analyst reports since September 15, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Underperform” on Friday, October 14. The firm has “Outperform” rating given on Wednesday, February 1 by IBC. TD Securities maintained it with “Buy” rating and $16.50 target in Wednesday, September 21 report. The stock of Richmont Mines Inc. (TSE:RIC) has “Buy” rating given on Tuesday, September 15 by Paradigm Research. The stock of Richmont Mines Inc. (TSE:RIC) earned “Sector Perform” rating by Scotia Capital on Wednesday, November 2. The firm has “Sector Perform” rating given on Friday, October 14 by Scotia Capital. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, July 8 report. The stock of Richmont Mines Inc. (TSE:RIC) has “Sector Perform” rating given on Wednesday, January 18 by Scotia Capital. The rating was upgraded by National Bank Canada on Thursday, November 17 to “Outperform”. National Bank Canada maintained the stock with “Outperform” rating in Friday, November 6 report.

Richmont Mines Inc, formerly Ressources Minieres Rouyn Inc, is a Canada mining company. The company has market cap of $769.59 million. The Firm is engaged in the mining, exploration and development of mining properties, principally gold. It has a 45.3 P/E ratio. The Firm operates gold mines at various sites in Quebec and Ontario.

More notable recent Richmont Mines Inc. (TSE:RIC) news were published by: Seekingalpha.com which released: “Richmont Mines - A Long-Term Buying Opportunity” on June 19, 2017, also Reuters.com with their article: “BRIEF-Alamos Gold announces acquisition of Richmont Mines” published on September 11, 2017, Streetinsider.com published: “Richmont Mines, Inc. (RIC) Buys 40.3M Common Shares of Monarques Gold Corporation” on October 02, 2017. More interesting news about Richmont Mines Inc. (TSE:RIC) were released by: Seekingalpha.com and their article: “Now It Is Time To Invest In Richmont Mines” published on August 29, 2017 as well as Seekingalpha.com‘s news article titled: “Richmont Mines’ Shareholders Should Accept The Alamos Offer” with publication date: September 12, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com