Aug 30, 2011 9:36 PM PDT
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AMEX: RIC Stock Quote
| Last Trade: | 1.77 | Day's Range: | 1.68 - 1.77 | |
| Trade Time: | 4:04pm | 52wk Range: | 1.52 - 6.77 | |
| Change: | -0.01 (-0.56%) | Volume: | 68,008 | |
| Prev Close: | 1.78 | Avg Vol (3m): | 126,076 | |
| Open: | 1.75 | Market Cap: | 70.1M | |
| Bid: | N/A x N/A | P/E (ttm): | N/A | |
| Ask: | N/A x N/A | EPS (ttm): | -1.37 | |
| 1y Target Est: | 3.50 | Div & Yield: | 0.00 (N/A) |
AMEX: RIC Overview
Richmont Mines Inc. (Richmont Mines) is engaged in the acquisition, exploration, operation, financing and development of mineral properties. As of December 31, 2009, the Company operated two gold mines, which included Beaufor Mine in Quebec and Island Gold Mine in Ontario. All the mining titles of the Beaufor property are jointly held by Richmont Mines (50%), which is the operator of the property and by Louvem Mines Inc. (50%). Richmont Mines holds approximately 70% of the common shares of Louvem. All mining titles on the Island Gold project were jointly held by Richmont Mines (55%) and Patricia Mining (45%). Richmont Mines owns or holds interests in many mining properties at different stages of exploration, which include Valentine Lake, Newfoundland, Canada; Wasamac, Quebec, Canada, and Francoeur Project, Quebec, Canada. In January 2009, the Company acquired Patricia Mining, Richmont Mines. In July 2010, Richmont Mines Inc. acquired the remaining 30% interest of Louvem Mines Inc.
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