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Zacks Investment Research upgraded Richmont Mines Inc. (USA) (NYSE:RIC) to Hold in a statement released earlier today.

Zacks Investment Research has upgraded Richmont Mines Inc. (USA) (NYSE:RIC) to Hold in a report released on 10/11/2016.

Yesterday Richmont Mines Inc. (USA) (NYSE:RIC) traded 0.59% higher at $8.43. The company’s 50-day moving average is $9.63 and its 200-day moving average is $8.79. The last stock close price is down -2.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 110,411 shares of the stock were exchanged, down from an average trading volume of 776,474

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Richmont Mines Inc. (USA) (NYSE:RIC)

Richmont Mines Inc. (USA) has a PE ratio of 64.44 with a one year low of $2.79 and a one year high of $11.66 Richmont Mines Inc. (USA)’s total market value is presently $0.

More About Richmont Mines Inc. (USA) (NYSE: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.

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