News

Richmont Mines posts 1st-quarter profit of $6.2 million

ROUYN-NORANDA, Que. – ROUYN NORANDA, Quebec (AP) _ Richmont Mines Inc. (RIC) on Thursday reported first-quarter earnings of $6.2 million.

On a per-share basis, the Rouyn Noranda, Quebec-based company said it had profit of 11 cents.

The gold mining company posted revenue of $38.3 million in the period.

Richmont Mines shares have more than doubled since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RIC at http://www.zacks.com/ap/RIC

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Keywords: Richmont Mines, Earnings Report