Semafo Inc. (TSE:SMF) – Equities researchers at National Bank Financial issued their Q3 2016 earnings estimates for Semafo in a research note issued to investors on Wednesday. National Bank Financial analyst R. Ray anticipates that the firm will earn $0.05 per share for the quarter. National Bank Financial also issued estimates for Semafo’s FY2016 earnings at $0.19 EPS and FY2017 earnings at $0.23 EPS.
A number of other research analysts also recently issued reports on SMF. Scotiabank reiterated an “outperform” rating and set a C$6.00 price objective on shares of Semafo in a research note on Tuesday, June 21st. Raymond James Financial Inc. boosted their price objective on Semafo from C$6.00 to C$7.25 in a research note on Monday, June 27th. Finally, TD Securities boosted their price objective on Semafo from C$7.00 to C$7.50 and gave the company a “hold” rating in a research note on Wednesday, June 29th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$6.05.
Semafo (TSE:SMF) opened at 4.96 on Friday. The stock has a 50 day moving average of $5.60 and a 200 day moving average of $5.76. Semafo has a one year low of $2.69 and a one year high of $7.46. The company has a market cap of $1.61 billion and a PE ratio of 42.76.
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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