Semafo Inc (TSE:SMF) Rating Kept

In a research report issued to clients and investors on today, Scotia Capital kept their Outperform rating on Semafo Inc (TSE:SMF)’s stock. The target price means a potential upside of 83.54 % from firm’s previous stock close.

TSE:SMF is right now trading -0.78% lower at $3.81 as of 3:58 AM New York time. Semafo Inc.’s stock is 0% over the last 200 days. It has underperformed the S&P 500, which has surged 13.64% over the same time period.

Out of 15 analysts covering Semafo Inc., 11 rate it a Buy, 3 indicate a Hold while 1 suggest a Sell. The highest target is $6.15 and the lowest is $3.39 according to Thomson/First Call. The 12-month mean target is $4.95, which means upside potential of 29.92% over the current price.

Semafo Inc (TSE:SMF) 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.

Semafo Inc (TSE:SMF) traded down -0.78% on 23 December, hitting $3.81. A total of 1.41M shares of the company’s stock traded hands. This is down from average of 2.16M shares. Semafo Inc. has a 52 week low of $3.19 and a 52 week high of $7.46. The company has a market cap of $1.23B and a P/E ratio of 22.31.

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The post 83.54 % to Target, Scotia Capital Reiterates Outperform Rating for Semafo Inc (TSE:SMF) Stock appeared first on Octafinance.