Media coverage about Richmont Mines (NYSE:RIC) (TSE:RIC) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Richmont Mines earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 43.0070837449534 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Richmont Mines (NYSE RIC) traded up $0.25 during mid-day trading on Friday, hitting $9.60. 868,236 shares of the stock were exchanged. The company has a market capitalization of $611.66 and a PE ratio of 35.56. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.09 and a quick ratio of 2.86. Richmont Mines has a 52-week low of $5.45 and a 52-week high of $10.45.

Richmont Mines (NYSE:RIC) (TSE:RIC) last posted its earnings results on Wednesday, November 8th. The basic materials company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. The firm had revenue of $36.55 million during the quarter, compared to analysts’ expectations of $36.45 million. Richmont Mines had a net margin of 13.14% and a return on equity of 8.60%. The business’s revenue for the quarter was up 52.0% compared to the same quarter last year. sell-side analysts forecast that Richmont Mines will post 0.25 EPS for the current fiscal year.

Several equities research analysts recently weighed in on RIC shares. Zacks Investment Research cut shares of Richmont Mines from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. TD Securities reaffirmed a “buy” rating and set a $12.33 price objective on shares of Richmont Mines in a research report on Friday, November 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.67.

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About Richmont Mines

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.

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