Richmont Mines (RIC) Earns Media Sentiment Rating of 0.14

Press coverage about Richmont Mines (NYSE:RIC) (TSE:RIC) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Richmont Mines earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 44.7613993648744 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Separately, Zacks Investment Research raised Richmont Mines from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Wednesday, October 25th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $11.00.

Shares of Richmont Mines (NYSE RIC) traded up $0.30 during mid-day trading on Friday, hitting $8.85. The company had a trading volume of 209,425 shares, compared to its average volume of 219,367. Richmont Mines has a 52-week low of $5.45 and a 52-week high of $10.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.09 and a quick ratio of 2.86. The company has a market cap of $564.79, a price-to-earnings ratio of 34.04 and a beta of 0.31.

Richmont Mines (NYSE:RIC) (TSE:RIC) last issued its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.06. Richmont Mines had a return on equity of 10.07% and a net margin of 9.63%. The firm had revenue of $36.55 million during the quarter, compared to analyst estimates of $36.45 million. Richmont Mines’s quarterly revenue was up 52.0% compared to the same quarter last year. equities research analysts anticipate that Richmont Mines will post 0.25 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://www.com-unik.info/2017/11/19/richmont-mines-ric-earns-media-sentiment-rating-of-0-14.html.

Richmont Mines Company Profile

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.

What are top analysts saying about Richmont Mines Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Richmont Mines Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit