02 June, 2017
Its up 21.25% from 616,400 shares, reported previously. With 910,600 avg volume, 2 days are for Richmont Mines Incorporated (NYSE:RIC)'s short sellers to cover RIC's short positions. The SI to Richmont Mines Incorporated's float is 2.77%. 414,200 shares of the company's stock traded hands. 216.73 million shares or 1.90% more from 212.68 million shares in 2016Q3 were reported. It has underperformed by 26.89% the S&P500. The Highline Capital Management Llc holds 420,054 shares with $56.03M value, down from 595,200 last quarter. About 196,778 shares traded. Also Seekingalpha.com published the news titled: "Richmont Mines' (RIC) CEO Renaud Adams on Q4 2016 Results - Earnings Call ..." on February 21, 2017. The company has a market cap of $606.03 million and a PE ratio of 65.14. The Company is engaged in mining, exploration and development of mining properties, principally gold. The Company is engaged in producing gold from the Island Gold Mine in Ontario and the Beaufor Mine in Quebec.
Investors sentiment decreased to 1.29 in 2016 Q4.
Richmont said the ramp-up to the 1,100 tonnes-per-day target is underway and they expect to reach that run rate in late 2018.
Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Richmont Mines, Inc. (USA) shares while 19 reduced holdings. 16 funds opened positions while 24 raised stakes.
Jane Street Llc invested in 0.01% or 191,483 shares. Flow Traders Us has invested 0% in Richmont Mines Inc. Howe Rusling has 0% invested in CIGNA Corporation (NYSE:CI) for 46 shares.
Richmont Mines Inc is a mining company. Sprott has 1.99 million shares. (USA) (NYSE:RIC). Wells Fargo Mn owns 1,210 shares. Shell Asset Mngmt holds 5,616 shares or 0% of its portfolio.
Ontario - Canada-based Bankshares Of Nova Scotia has invested 0% in Richmont Mines Inc. Aperio Gru Limited Liability Company holds 0% or 17,373 shares.
04/13/2016 - Richmont Mines, Inc. had its "buy" rating reiterated by analysts at Paradigm Capital. (USA) (NYSE:RIC) for 138,570 shares. Millennium Management Limited Liability stated it has 150,157 shares. CIBC raised shares of Richmont Mines from a "sector perform" rating to a "sector outperform" rating in a report on Wednesday, February 1st. (USA) (NYSE:RIC). Manufacturers Life The accumulated 0% or 1,500 shares. (USA) (NYSE:RIC). Caisse De Depot Et Placement Du Quebec holds 0.01% of its portfolio in Richmont Mines Inc. (TSE:RIC). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corp accumulated 416,030 shares. It also upped 3M Company Cmn (NYSE:MMM) stake by 2,117 shares and now owns 5,946 shares. Red Rock Resorts Inc was raised too. Therefore 80% are positive. CIGNA had 21 analyst reports since July 27, 2015 according to SRatingsIntel. As per Tuesday, October 18, the company rating was upgraded by Clarksons Platou. As per Tuesday, May 23, the company rating was upgraded by Bank of America. The stock of Reliance Steel & Aluminum Co (NYSE:RS) has "Outperform" rating given on Friday, July 22 by Cowen & Co. RBC Capital Markets maintained the shares of CI in report on Monday, May 8 with "Outperform" rating.
Since December 20, 2016, it had 0 insider buys, and 10 selling transactions for $14.87 million activity. On Thursday, December 8 MOLLINS GREGG J sold $867,900 worth of Reliance Steel & Aluminum Co (NYSE:RS) or 10,000 shares. HANNAH DAVID H sold 25,000 shares worth $2.18M.
