Brokerages Set Semafo Inc. (SMF) PT at $5.04
Shares of Semafo Inc. (TSE:SMF) have been given an average rating of “Buy” by the nine analysts that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$5.04.
Several research analysts recently issued reports on SMF shares. Clarus Securities reiterated a “hold” rating on shares of Semafo in a research report on Thursday, November 9th. Scotiabank reiterated an “outperform” rating and set a C$5.25 price target on shares of Semafo in a research report on Wednesday, November 15th. Finally, Desjardins reiterated a “buy” rating and set a C$4.75 price target on shares of Semafo in a research report on Friday, September 29th.
Semafo (TSE:SMF) traded up C$0.13 on Thursday, hitting C$3.59. 439,700 shares of the stock traded hands, compared to its average volume of 1,711,188. Semafo has a fifty-two week low of C$2.68 and a fifty-two week high of C$5.24. The company has a market cap of $1,120.00, a price-to-earnings ratio of 71.80 and a beta of -1.02.
In other Semafo news, Director Tertius Zongo sold 57,964 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of C$3.36, for a total transaction of C$194,759.04. Also, insider Ã‰Ric Paul-Hus bought 15,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were acquired at an average price of C$3.36 per share, for a total transaction of C$50,400.00. Over the last 90 days, insiders have acquired 54,900 shares of company stock worth $183,865.
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.
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