Semafo Receives Average Rating of “Buy” from Brokerages (TSE:SMF)
Shares of Semafo (TSE:SMF) have received a consensus rating of “Buy” from the thirteen ratings firms that are currently covering the company, Stock Ratings Network.com reports. Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$3.99.
A number of analysts have recently weighed in on SMF shares. Analysts at Jennings Capital upgraded shares of Semafo from a “sell” rating to a “hold” rating in a research note on Wednesday, May 7th. Separately, analysts at Goldman Sachs upgraded shares of Semafo from a “sell” rating to a “neutral” rating in a research note on Thursday, March 27th.
Semafo (TSE:SMF) opened at 3.69 on Tuesday. Semafo has a 52 week low of $1.23 and a 52 week high of $4.93. The stock has a 50-day moving average of $3.96 and a 200-day moving average of $3.56. The company’s market cap is $1.019 billion.
Semafo (TSE:SMF) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01. On average, analysts predict that Semafo will post $0.10 earnings per share for the current fiscal year.
SEMAFO Inc (TSE:SMF) is a Canadian-based mining company with gold production and exploration activities in West Africa.
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