A Reversal for Semafo Inc. Is Not Near. The Stock Rises Again

The stock of Semafo Inc. (TSE:SMF) is a huge mover today! The stock is up 4.80% or $0.22 after the news, hitting $4.8 per share. About 776,706 shares traded hands. Semafo Inc. (TSE:SMF) has risen 66.55% since August 4, 2015 and is uptrending. It has outperformed by 71.52% the S&P500. The move comes after 7 months positive chart setup for the $1.39 billion company. It was reported on Mar, 10 by Barchart.com. We have $5.76 PT which if reached, will make TSE:SMF worth $278.00M more.

Out of 16 analysts covering Semafo Inc. (TSE:SMF), 11 rate it “Buy”, 0 “Sell”, while 4 “Hold”. This means 73% are positive. Semafo Inc. was the topic in 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc.

SEMAFO Inc. is a Canada-based mining firm with gold production and exploration activities in West Africa. The company has a market cap of $1.39 billion. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations. It has 43.63 P/E ratio. The firm and its subsidiaries operate the Mana Mine in Burkina Faso, which includes the satellite Siou and Fofina deposits.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Add Comment