Analyst Price Target is C$42.00
▲ +40.52% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for 9542 (RIC.TO) in the last 3 months. The average price target is C$42.00, with a high forecast of C$42.00 and a low forecast of C$42.00. The average price target represents a 40.52% upside from the last price of C$29.89.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in 9542 (RIC.TO).
Richmont Mines Inc, formerly Ressources Minieres Rouyn Inc, is a Canada-based mining company. The Company is engaged in the mining, exploration and development of mining properties, principally gold. The Company operates gold mines at various sites in Quebec and Ontario. The Company's segments include Quebec and Ontario. The Company is engaged in the production of gold from the Island Gold Mine in Ontario and the Beaufor Mine in Quebec. The Island Gold mine is located approximately 80 kilometers northeast of Wawa, Ontario. It is part of the Island Gold Project, which is divided into more than eight parts (properties) comprising approximately 200 patented, leased and staked claims covering approximately 8,000 hectares, mainly within the townships of Finan and Jacobson. The Island Gold Project is located in the Michipicoten Greenstone Belt. The Beaufor Mine is located approximately 20 kilometers northeast of Val-d'Or, Quebec.
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