Richmont Mines Inc. (ARCA:RIC) was upgraded by investment analysts at National Bank Financial from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a research note issued on Wednesday.

Shares of Richmont Mines (ARCA:RIC) traded down 2.94% during mid-day trading on Wednesday, reaching $6.60. 113,880 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $8.69 and a 200-day moving average price of $9.14. The stock has a market cap of $413.75 million and a PE ratio of 50.77. Richmont Mines has a one year low of $2.79 and a one year high of $11.66.

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