The Semafo Inc. (SMF) Director Buys C$46,650.00 in Stock

The Semafo Inc. (SMF) Director Buys C$46,650.00 in Stock

Benoit Desormeaux also recently made the following trade(s):

Semafo Inc. (TSE:SMF) Director Benoit Desormeaux purchased 15,000 shares of the stock in a transaction that occurred on Friday, May 12th. The stock was bought at an average cost of C$3.11 per share, for a total transaction of C$46,650.00.

Semafo Inc. (SMF) opened at 3.02 on Monday. The company has a market capitalization of $981.12 million and a P/E ratio of 62.92. The company has a 50-day moving average of $3.11 and a 200-day moving average of $4.04. Semafo Inc. has a 1-year low of $2.68 and a 1-year high of $7.46.

Semafo Inc. (SMF) opened at 3.02 on Monday. The company has a market capitalization of $981.12 million and a P/E ratio of 62.92. The company has a 50-day moving average of $3.11 and a 200-day moving average of $4.04. Semafo Inc. has a 1-year low of $2.68 and a 1-year high of $7.46. SMF has been the topic of several research analyst reports. CIBC decreased their price target on shares of Semafo from C$6.50 to C$6.00 in a report on Thursday, March 9th. TD Securities cut their price target on shares of Semafo from C$7.00 to C$5.50 and set a “buy” rating for the company in a research report on Tuesday, April 25th. Clarus Securities lowered shares of Semafo from a “buy” rating to a “hold” rating in a research report on Tuesday, April 25th. Scotiabank set a C$5.25 price target on shares of Semafo and gave the company an “outperform” rating in a research report on Thursday, May 4th. Finally, Raymond James Financial, Inc. cut their price target on shares of Semafo from C$5.50 to C$4.80 and set an “outperform” rating for the company in a research report on Tuesday, April 25th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Semafo currently has an average rating of “Buy” and an average price target of C$5.60.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:SMF”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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