Richmont Mines, a Canada-based company, is involved in the acquisition, exploration, operation, financing and development of mineral properties with major interests in Beaufor Mine in Quebec, Island Gold Mine in Ontario and Louvem Mines. Besides, it holds interests in many mining properties at different stages of exploration. Four analysts covering the stock recommend a buy rating, with the average consensus estimates indicating a potential upside of 88.7% in the upcoming few months. The stock was trading at $4.40 Friday morning.
5 Gold Mining Stocks Under $5
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.