Shares of Semafo Inc. (TSE:SMF) have been given a consensus recommendation of “Buy” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$5.66.
A number of equities research analysts have weighed in on the stock. TD Securities decreased their price target on shares of Semafo from C$8.00 to C$5.50 and set a “buy” rating on the stock in a research note on Wednesday, December 4th. Sprott Securities upgraded shares of Semafo from a “hold” rating to a “buy” rating and set a C$4.80 price target on the stock in a research note on Tuesday, November 5th. National Bank Financial decreased their price target on shares of Semafo from C$7.50 to C$6.00 in a research note on Monday, November 18th. Scotiabank decreased their price target on shares of Semafo from C$6.50 to C$5.00 in a research note on Tuesday, December 3rd. Finally, Raymond James reiterated a “market perform” rating and set a C$6.50 price target on shares of Semafo in a research note on Wednesday, November 6th.
SMF opened at C$2.65 on Friday. Semafo has a fifty-two week low of C$2.36 and a fifty-two week high of C$5.75. The company has a debt-to-equity ratio of 13.26, a current ratio of 1.76 and a quick ratio of 0.93. The firm’s fifty day moving average price is C$2.62 and its two-hundred day moving average price is C$3.99. The company has a market capitalization of $876.27 million and a P/E ratio of 17.91.
Semafo (TSE:SMF) last posted its quarterly earnings results on Monday, November 4th. The mining company reported C$0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.09 by C($0.04). The business had revenue of C$132.42 million for the quarter. On average, equities research analysts expect that Semafo will post 0.31 EPS for the current fiscal year.
Semafo Company Profile
SEMAFO Inc, a mining company, engages in the exploration, development, and operation of gold properties in West Africa. The company operates the Mana Mine in Burkina Faso, which includes the Siou deposit. It also holds a 90% interest in the Boungou project. The company was formerly known as West Africa Mining Exploration Corporation Inc and changed its name to SEMAFO Inc in May 1997.
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