Semafo Inc. (TSE:SMF) insider Éric Paul-Hus acquired 7,200 shares of the company’s stock in a transaction dated Tuesday, March 13th. The shares were bought at an average cost of C$3.44 per share, with a total value of C$24,768.00.
Semafo Inc. (TSE:SMF) traded up C$0.02 during trading on Wednesday, reaching C$3.49. 638,339 shares of the company’s stock traded hands, compared to its average volume of 1,070,953. The company has a market capitalization of $1,120.00, a P/E ratio of 43.38 and a beta of -0.71. Semafo Inc. has a 1-year low of C$2.68 and a 1-year high of C$4.50.
SMF has been the subject of several recent research reports. Clarus Securities reissued a “buy” rating on shares of Semafo in a research note on Tuesday, February 20th. Scotiabank reissued an “outperform” rating and issued a C$5.25 price target on shares of Semafo in a research note on Wednesday, November 15th. Finally, Desjardins lowered their price target on shares of Semafo from C$5.50 to C$5.00 in a research note on Tuesday, February 20th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of C$5.01.
ILLEGAL ACTIVITY NOTICE: “Éric Paul-Hus Buys 7,200 Shares of Semafo Inc. (SMF) Stock” was reported by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/03/14/eric-paul-hus-buys-7200-shares-of-semafo-inc-smf-stock.html.
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.
Receive News & Ratings for Semafo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Semafo and related companies with MarketBeat.com's FREE daily email newsletter.