Shares of Semafo Inc. (TSE:SMF) have been assigned an average rating of “Buy” from the thirteen ratings firms that are presently covering the stock. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$6.05.

A number of research analysts recently issued reports on the stock. Raymond James Financial Inc. lowered their target price on shares of Semafo from C$7.25 to C$7.00 in a research note on Friday, September 23rd. Scotiabank restated an “outperform” rating and issued a C$6.00 price target on shares of Semafo in a research report on Tuesday, June 21st. TD Securities restated a “hold” rating and issued a C$7.50 price target on shares of Semafo in a research report on Thursday, August 11th. Finally, National Bank Financial raised their price target on shares of Semafo from C$7.50 to C$8.00 in a research report on Wednesday, July 13th.

Semafo (TSE:SMF) opened at 4.88 on Wednesday. The company has a market cap of $1.59 billion and a PE ratio of 42.07. The firm has a 50-day moving average of $5.77 and a 200 day moving average of $5.74. Semafo has a 52-week low of $2.69 and a 52-week high of $7.46.

Semafo Company Profile

SEMAFO Inc is a Canada-based mining company. The Company’s segments include Mana, Burkina Faso; Natougou, Burkina Faso, and Other exploration. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations. Its properties include Mana project, which is located in Burkina Faso that includes the satellite Siou and Fofina deposits; Natougou advanced gold deposit, which is located approximately 320 kilometers east of Ouagadougou, and consists of a drill database of over 170 diamond, 625 multi-purpose (reverse-circulation (RC) pre-collar and core tail) and 550 RC drill holes; Banfora project, which is located approximately 200 kilometers south west of Mana, and Nabanga project, which is located approximately 250 kilometers south-east of Ouagadougou.

Receive News & Stock Ratings for Semafo Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Semafo Inc. and related stocks with our FREE daily email newsletter.