Richmont Mines (RIC) Shares Cross Above 200 DMA

In trading on Thursday, shares of Richmont Mines, Inc. (TSX: RIC.TO) crossed above their 200 day moving average of $1.56, changing hands as high as $1.65 per share. Richmont Mines, Inc. shares are currently trading up about 8.6% on the day. The chart below shows the one year performance of RIC shares, versus its 200 day moving average:

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Richmont Mines, Inc. 200 Day Moving Average Chart

Looking at the chart above, RIC's low point in its 52 week range is $1.00 per share, with $3.44 as the 52 week high point — that compares with a last trade of $1.65.

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