Analyst Activity – Scotiabank Reiterates Sector Perform on Richmont Mines (TSE:RIC)

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Analyst Ratings For Richmont Mines (TSE:RIC)

Today, Scotiabank reiterated its Sector Perform rating on Richmont Mines (TSE:RIC) with a price target of C$12.50.

There are 1 sell rating, 1 hold rating, 7 buy ratings on the stock.

The current consensus rating on Richmont Mines (TSE:RIC) is Buy (Score: 2.67) with a consensus target price of C$13.17 per share, a potential .

Some recent analyst ratings include

  • 2/22/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 2/22/2017-TD Securities Reiterated Rating of Buy.
  • 2/1/2017-CIBC Upgrade from a “Neutral ” rating to a ” Outperform” rating.
  • 11/17/2016-National Bank Financial Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 10/14/2016-BMO Capital Markets Reiterated Rating of Underperform.


    About Richmont Mines (TSE:RIC)
    Richmont 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.

    Recent Trading Activity for Richmont Mines (TSE:RIC)
    Shares of Richmont Mines closed the previous trading session at 11.07 down -0.10 -0.90% with 624,813 shares trading hands.