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Richmont Mines Inc (RIC.TO)

RIC.TO on Toronto Stock Exchange

9.69CAD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Richmont Mines Q2 earnings per share $0.17
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - Richmont Mines Inc :Richmont mines reports strong second quarter financial results driven by solid operational and record cost performance from the island gold mine; reports net free cash flow of $19.2 (us$14.3) million.Richmont mines inc - qtrly ‍company-wide production was 31,249 ounces of gold for quarter​.Richmont mines inc - qtrly ‍revenue from mining operations $59.3 million versus $40.6 million.Q2 earnings per share $0.17.Q2 earnings per share view c$0.18, revenue view c$53.7 million -- Thomson Reuters I/B/E/S.All amounts in c$.  Full Article

Richmont Mines Q1 gold production of 29,401 ounces
Thursday, 4 May 2017 06:30am EDT 

May 4 (Reuters) - Richmont Mines Inc ::Richmont Mines Inc - qtrly company-wide production of 29,401 ounces of gold.Richmont Mines reports strong first quarter financial results driven by continued solid performance at the island gold mine.Q1 earnings per share C$5.50.Q1 earnings per share view C$0.08 -- Thomson Reuters I/B/E/S.Richmont Mines inc- richmont reported Q1 revenues of $46.5 million.Richmont Mines- qtrly revenue from mining operations $46.5 million versus $52.6 million.Richmont Mines - corporation is also considering other strategic alternatives regarding beaufor mine and camflo mill.Richmont Mines Inc - qtrly gold produced 29,401 oz versus 32,369 oz.Richmont Mines Inc - qtrly company-wide all-in-sustaining-costs of $1,124 per ounce.  Full Article

Richmont Mines sees 2017 total gold production of 110,000 oz-120,000 oz
Thursday, 13 Apr 2017 06:30am EDT 

Richmont Mines Inc : Richmont mines- company-wide production 29,401 ounces of gold for quarter, driven by production from cornerstone island gold mine of 23,772 ounces of gold . Revenues for quarter were c$46.5 million . Richmont mines inc - corporation is also considering other strategic alternatives regarding beaufor mine and camflo mill .Richmont mines inc - sees 2017 total gold production of 110,000 oz -120,000 oz.  Full Article

Richmont adopts new shareholder rights plan
Thursday, 30 Mar 2017 05:00pm EDT 

Richmont Mines Inc : Richmont adopts new shareholder rights plan to replace existing shareholders rights plan .Richmont mines sets trigger at 20 percent.  Full Article

Richmont Mines Q4 earnings per share C$0.02
Tuesday, 21 Feb 2017 06:30am EST 

Richmont Mines Inc : Richmont Mines reports fourth quarter and annual financial results; record performance at the island gold mine . Q4 revenue rose 39 percent to c$44.2 million . Q4 earnings per share C$0.02 . Q4 earnings per share view C$0.05 -- Thomson Reuters I/B/E/S . Richmont Mines Inc - company-wide production for quarter was 29,505 ounces of gold (27,759 ounces sold), a 32% increase over q4 2015 .Richmont Mines Inc - "in 2017 we will continue to focus on positioning island gold mine for long-term success".  Full Article

Richmont Mines announces 2017 guidance with Island Gold Mine
Thursday, 2 Feb 2017 06:30am EST 

Richmont Mines Inc - : 2017 guidance includes a projected increase of up to 15% in company-wide production to between 110,000 and 120,000 gold ounces . Richmont announces 2017 guidance with Island Gold Mine positioned for another record year . "Increase in production is expected to drive a decrease of up to 8% in cash costs both company-wide and at island gold mine" . Sees 2017 cash costs per ounce $835 - $885 ."We are also considering strategic alternatives for Beaufor mine and other QUEBEC assets".  Full Article

Richmont Mines strengthens its senior management team and appoints Robert Chausse as CFO
Wednesday, 25 Jan 2017 06:30am EST 

Richmont Mines Inc : Richmont Mines Inc - Most recently Rob was Chief Financial Officer of Stornoway Diamonds .Richmont Mines strengthens its senior management team and appoints Mr. Robert J. Chausse as Chief Financial Officer.  Full Article

Richmont reports Q3 revenue C$31.2 million
Thursday, 13 Oct 2016 06:30am EDT 

Richmont Mines Inc : Richmont reports third quarter operational results; Island Gold completes a 25-day electrical mill upgrade and remains on-track to meet, or exceed, revised guidance . Q3 revenue C$31.2 million versus I/B/E/S view C$36.9 million .Richmont Mines Inc - company-wide production was 18,856 ounces of gold for quarter.  Full Article

Richmont Mines sees 2016 gold production 87,000 – 97,000 ounces
Tuesday, 9 Aug 2016 12:10pm EDT 

Richmont Mines Inc : Sees 2016 AISC per ounce $1,275 - $1,390 . Sees 2016 gold production 87,000 – 97,000 ounces Source - http://bit.ly/2b3O0uP Further company coverage: [RIC.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Richmont Mines reported Q2 EPS $0.04
Monday, 8 Aug 2016 06:30am EDT 

Richmont Mines Inc : Q2 revenue c$40.6 million . Richmont mines reports strong second quarter financial results; on track to meet or exceed guidance estimates . Qtrly basic earnings per share $0.04 . Q2 earnings per share view c$0.07 -- Thomson Reuters I/B/E/S . Company-wide production was 23,320 ounces for quarter, an 11% decrease over Q2 2015 .For FY 2016 co expects to meet, or exceed, high end of production guidance and low end of cash cost and AISC guidance.  Full Article

BRIEF-Richmont Mines Q2 earnings per share $0.17

* Richmont mines reports strong second quarter financial results driven by solid operational and record cost performance from the island gold mine; reports net free cash flow of $19.2 (us$14.3) million