Richmont Mines posts 3Q profit

11/08/17 09:41 AM EST

ROUYN NORANDA, Quebec (AP) _ Richmont Mines Inc. (RIC) on Wednesday reported third-quarter profit of $1.4 million.

The Rouyn Noranda, Quebec-based company said it had profit of 2 cents per share. Earnings, adjusted to account for discontinued operations, were 6 cents per share.

The gold mining company posted revenue of $33.8 million in the period.

Richmont Mines shares have climbed 32 percent since the beginning of the year. The stock has declined slightly more than 2 percent in the last 12 months.


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