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Richmont Mines Inc. engages in the mining, exploration, and development of mining properties primarily gold in Canada. It operates three gold mines, including the Beaufor and Monique mines in Quebec; and the Island Gold mine in Ontario.View RIC
Richmont Mines Inc - RIC - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Richmont Mines Inc as a
Buy with a ratings score of B-.
Report Snippet: We rate RICHMONT MINES INC (RIC) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.