Zacks Investment Research downgraded shares of RICHMONT MINES (RIC) from NEUTRAL to UNDERPERFORM on March 28, 2013, with a target price of $2.60.
Richmont Mines, Inc. is a gold mining company. It has operations in Quebec, Ontario and Newfoundland and holds interests in the Francoeur Mine, Beaufor Mine and Camflo Mill in Quebec, and the Island Gold Mine in Ontario. Richmont Mines, Inc., formerly known as Ressources Minieres Rouyn Inc., is headquartered in Rouyn-Noranda, Canada.
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