12:49 PM EST - Richmont Mines Inc. : posted a third quarter net loss of $0.9 million or $0.04 per share, compared with a net loss of $1.5 million or $0.06 per share in the same quarter last year. Quarterly revenues surged 245% to $16.5 million from $4.8 million in the year-ago quarter. For the nine-month period, the company reported a net loss of $0.45 million or $0.02 per share, compared to net income of $7.66 million in the same period last year. Revenues for the period rose to $47.7 million, from $27.75 million in the same period previous year. Richmont Mines Inc.
shares T.RIC are trading unchanged at $1.84.
