Desjardins Weighs in on Semafo Inc.’s Q4 2017 Earnings (SMF)

Semafo Inc. (TSE:SMF) – Stock analysts at Desjardins issued their Q4 2017 earnings estimates for shares of Semafo in a research note issued to investors on Friday. Desjardins analyst R. Ray anticipates that the mining company will post earnings of $0.04 per share for the quarter. Desjardins has a “Buy” rating and a $4.75 price objective on the stock. Desjardins also issued estimates for Semafo’s Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.09 EPS, Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.28 EPS, Q1 2019 earnings at $0.15 EPS, Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.18 EPS and Q4 2019 earnings at $0.18 EPS.

Semafo (TSE:SMF) last issued its quarterly earnings results on Wednesday, November 8th. The mining company reported C$0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.03 by C$0.01. Semafo had a return on equity of 6.80% and a net margin of 19.77%.

Other equities research analysts also recently issued research reports about the company. Clarus Securities reissued a “hold” rating on shares of Semafo in a report on Thursday, November 9th. Scotiabank reissued an “outperform” rating and set a C$5.25 price objective on shares of Semafo in a report on Wednesday, November 15th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Semafo has an average rating of “Buy” and an average target price of C$5.19.

Semafo (TSE:SMF) opened at C$3.90 on Monday. Semafo has a 52 week low of C$2.68 and a 52 week high of C$5.24. The stock has a market capitalization of $1,270.00, a price-to-earnings ratio of 78.00 and a beta of -1.02.

In other Semafo news, Director Tertius Zongo sold 57,964 shares of Semafo stock in a transaction dated Friday, November 10th. The stock was sold at an average price of C$3.36, for a total transaction of C$194,759.04. Also, insider ÉRic Paul-Hus bought 15,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were bought at an average cost of C$3.36 per share, for a total transaction of C$50,400.00.

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About Semafo

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.

Earnings History and Estimates for Semafo (TSE:SMF)

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