Analyst Upgrades – Semafo (TSE:SMF) Stock Gets Upgraded By Scotiabank from Sector Perform to Outperform

Analyst Ratings For Semafo (TSE:SMF)

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Today, Semafo (TSE:SMF) stock received an upgrade by Scotiabank from Sector Perform to Outperform with a price target of C$5.25.

There are 1 hold rating, 6 buy ratings on the stock.

The current consensus rating on Semafo (TSE:SMF) is Buy (Score: 2.86) with a consensus target price of C$6.02 per share, a potential .

Some recent analyst ratings include

  • 3/9/2017-Scotiabank Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 2/2/2017-TD Securities Reiterated Rating of Buy.
  • 2/2/2017-BMO Capital Markets Reiterated Rating of Outperform.


    About Semafo (TSE:SMF)
    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. Its subsidiaries include SEMAFO Burkina Faso S.A., Mana Mineral S.A., SEMAFO (Barbados) Ltd, Orbis Gold PTY LTD and Birimian Resources S.A.R.L.

    Recent Trading Activity for Semafo (TSE:SMF)
    Shares of Semafo closed the previous trading session at 3.76 down -0.08 -2.08% with 2,864,644 shares trading hands.

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