SEMAFO Inc. J (SMF) Gets a Buy Rating from BMO Capital


Today, an analyst has provided a rating update for the Materials sector company, SEMAFO Inc. J (SMF). BMO Capital’s analyst Andrew Kaip reiterates their Buy rating on the shares, with a C$4.75 price target.

According to TipRanks.com, Kaip has currently no stars on a ranking scale of 0-5 stars, with an average return of -8.9% and a 28.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Golden Star Resources Ltd.

Currently, the analyst consensus on SEMAFO Inc. J is a Moderate Buy with an average price target of C$4.92.

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 793.4K.

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 Monday at C$2.75.

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