FY2018 Earnings Estimate for Semafo Inc. (SMF) Issued By Desjardins

Semafo Inc. (TSE:SMF) – Equities researchers at Desjardins boosted their FY2018 earnings estimates for shares of Semafo in a research report issued on Tuesday, January 8th. Desjardins analyst R. Ray now forecasts that the mining company will earn $0.03 per share for the year, up from their prior estimate of $0.02. Desjardins also issued estimates for Semafo’s Q1 2019 earnings at $0.09 EPS, Q2 2019 earnings at $0.09 EPS and FY2019 earnings at $0.37 EPS.

SMF opened at C$2.69 on Thursday. Semafo has a one year low of C$2.23 and a one year high of C$4.14. The company has a debt-to-equity ratio of 19.37, a current ratio of 1.71 and a quick ratio of 1.00.

About Semafo

SEMAFO Inc, a mining company, engages in the exploration, development, and operation of gold properties in West Africa. The company operates the Mana Mine in Burkina Faso, which includes the satellite deposits of Siou. It also holds 90% interest in the Boungou project. The company was formerly known as West Africa Mining Exploration Corporation Inc and changed its name to SEMAFO Inc in May 1997.

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Earnings History and Estimates for Semafo (TSE:SMF)

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