Semafo Inc. (TSE:SMF) – Equities researchers at Desjardins issued their Q4 2017 earnings estimates for shares of Semafo in a report issued on Friday. Desjardins analyst R. Ray anticipates that the mining company will post earnings of $0.04 per share for the quarter. Desjardins has a “Buy” rating and a $4.75 price objective on the stock. Desjardins also issued estimates for Semafo’s Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.09 EPS, Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.28 EPS, Q1 2019 earnings at $0.15 EPS, Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.18 EPS and Q4 2019 earnings at $0.18 EPS.

Other analysts also recently issued research reports about the stock. Clarus Securities reissued a “hold” rating on shares of Semafo in a research report on Thursday, November 9th. Scotiabank reaffirmed an “outperform” rating and issued a C$5.25 price objective on shares of Semafo in a report on Wednesday, November 15th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$5.19.

Shares of Semafo (SMF) opened at C$3.74 on Monday. Semafo has a 1 year low of C$2.68 and a 1 year high of C$5.24. The firm has a market cap of $1,220.00, a P/E ratio of 74.80 and a beta of -1.02.

In other Semafo news, Director Tertius Zongo sold 57,964 shares of Semafo stock in a transaction on Friday, November 10th. The shares were sold at an average price of C$3.36, for a total value of C$194,759.04. Also, insider ÉRic Paul-Hus purchased 15,000 shares of Semafo stock in a transaction dated Monday, November 20th. The shares were purchased at an average cost of C$3.36 per share, with a total value of C$50,400.00.

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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.

Earnings History and Estimates for Semafo (TSE:SMF)

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