Today Richmont Mines Inc. Stock Crashes


The stock of Richmont Mines Inc. (TSE:RIC) is a huge mover today! About 529,690 shares traded hands or 15.99% up from the average. Richmont Mines Inc. (TSE:RIC) has risen 132.05% since February 5, 2016 and is uptrending. It has outperformed by 115.56% the S&P500.
The move comes after 5 months negative chart setup for the $757.56 million company. It was reported on Sep, 13 by We have $11.78 PT which if reached, will make TSE:RIC worth $60.60 million less.

Out of 7 analysts covering Richmont Mines Inc. (TSE:RIC), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Richmont Mines Inc. has been the topic of 14 analyst reports since September 15, 2015 according to StockzIntelligence Inc.

Richmont Mines Inc. is a mining company. The company has a market cap of $757.56 million. The Firm is engaged in activities related to the acquisition, exploration, development and operation of mineral properties. It has a 76.08 P/E ratio. The Company’s divisions include Quebec and Ontario.

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