Will Semafo Inc. Go Down Anytime Soon?

 Will Semafo Inc. Go Down Anytime Soon?

The stock of Semafo Inc. (TSE:SMF) is a huge mover today! The stock last traded at $4.32 per share. It is down 6.09% since April 14, 2016 and is downtrending. It has underperformed by 10.52% the S&P500.
The move comes after 5 months positive chart setup for the $1.36 billion company. It was reported on Nov, 18 by Barchart.com. We have $5.27 PT which if reached, will make TSE:SMF worth $299.20 million more.

Semafo Inc. (TSE:SMF) Ratings Coverage

Out of 3 analysts covering Semafo Inc. (TSE:SMF), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $7.50 is the highest target while $4 is the lowest. The $6.13 average target is 41.90% above today’s ($4.32) stock price. Semafo Inc. has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Semafo Inc. (TSE:SMF) has “Sector Perform” rating given on Thursday, September 17 by Scotia Capital. RBC Capital Markets maintained the shares of SMF in a report on Monday, August 24 with “Sector Perform” rating. The rating was maintained by Scotia Capital on Friday, August 12 with “Outperform”. Scotia Capital maintained the stock with “Outperform” rating in Tuesday, October 25 report. The rating was maintained by TD Securities with “Hold” on Friday, August 12.

More news for Semafo Inc. (TSE:SMF) were recently published by: Bloomberg.com, which released: “TSX Movers: Endeavour Silver, SEMAFO Inc, Eldorado Gold” on September 14, 2016. Fool.ca‘s article titled: “Semafo Inc. Finds Mining Success in Africa” and published on February 08, 2016 is yet another important article.

SEMAFO Inc. is a Canada-based mining company. The company has a market cap of $1.36 billion. The Company’s divisions include Mana, Burkina Faso; Natougou, Burkina Faso, and Other exploration. It has a 25.1 P/E ratio. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations.

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