SEMAFO Inc. J (SMF), was revisited today, and remains undervalued for at least one analyst on the street. The company received a Buy rating from Desjardins’ analyst Raj Ray, with a C$6.35 price target.
According to TipRanks.com, Ray is a 5-star analyst with an average return of 25.1% and a 77.8% success rate. Ray covers the NA sector, focusing on stocks such as SilverCrest Metals Inc, Kirkland Lake Gold Ltd, and SEMAFO Inc.
SEMAFO Inc. J has an analyst consensus of Hold, with a price target consensus of C$5.25.
SEMAFO Inc. J’s market cap is currently C$1.69B and has a P/E ratio of 97.9. The company has a Price to Book ratio of 1.71.
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 Wednesday at C$5.33, close to its 52-week high of C$5.45.
