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Richmont Q4 earnings back in the black, strong outlook underpins Island Gold ops

Small-scale gold producer Richmont Mines has reported fourth-quarter earnings coming below bullish analyst expectations, despite swinging back to a profit for the three-month and full-year period ended December.
The Toronto-headquartered company reported earnings of C$1.1-million, or C$0.02 a share, coming in below Bay Street-analyst forecasts for C$0.05 a share.