FY2018 EPS Estimates for Semafo Inc. Increased by Clarus Securities (SMF)
Semafo Inc. (TSE:SMF) – Analysts at Clarus Securities lifted their FY2018 earnings per share estimates for Semafo in a report released on Wednesday, November 7th. Clarus Securities analyst N. Sangmuah now anticipates that the mining company will post earnings per share of $0.36 for the year, up from their prior estimate of $0.08.
Separately, CIBC decreased their price objective on shares of Semafo from C$4.25 to C$4.00 in a report on Thursday, September 6th.
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 satellite deposits of Siou. It also holds 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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