On April 12, an analyst has provided a rating update for the Materials sector company, SEMAFO Inc. J (SMF). On April 12, analyst Raj Ray gave a Buy rating to SMF and set a C$5.75 price target.
According to TipRanks.com, Ray is a 4-star analyst with an average return of 12.7% and a 69.4% success rate. Ray covers the Basic Materials sector, focusing on stocks such as OceanaGold Corporation, SilverCrest Metals Inc, and Kirkland Lake Gold Ltd.
SEMAFO Inc. J has an analyst consensus of Moderate Buy, with a price target consensus of C$5.50.
The company has a one-year high of C$4.14 and a one-year low of C$2.24. Currently, SEMAFO Inc. J has an average volume of 840K.
SEMAFO, Inc. engages in the production and exploration of gold in West Africa. It operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou deposit. Its assets also include Boungou, Kongolokoro, Nabanga, and Korhogo projects.
The company’s shares closed on Tuesday at C$3.74.
