|Bid||3.0600 x 0|
|Ask||3.0700 x 0|
|Day's Range||3.0300 - 3.2500|
|52 Week Range||2.3600 - 5.7500|
|Beta (5Y Monthly)||-0.26|
|PE Ratio (TTM)||20.88|
|Earnings Date||Feb 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 25, 2013|
|1y Target Est||3.36|
Violence in Africa's Sahel region has driven mining exploration companies to put projects on hold, with knock-on effects for an industry struggling to expand and for fragile local economies. Islamist groups have been pushing south from strongholds in northern Mali and carried out attacks across much of Burkina Faso and parts of western Niger. As security costs have risen, mining companies that explore for mineral deposits have shut down projects in the most dangerous areas.
MONTREAL , Feb. 6, 2020 /CNW Telbec/ - SEMAFO Inc. (SMF.TO) (SMF.ST) today provided 2020 outlook for its Boungou and Mana Mines in Burkina Faso . The Corporation also announced fourth quarter and annual 2019 results.
Burkina Faso's gold production probably fell slightly last year due partly to security problems and attacks targeting industrial miners, the country's mines minister said on Tuesday. Oumarou Idani told Reuters that he expected the West African country's gold production to total 50 tonnes in 2019, down from 53 tonnes in 2018. Burkina Faso has been battling a rising insurgency which has killed 1,000 people since 2016 and driven nearly 500,000 from their homes.
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious metal.
The son of an Indian gold mine owner in Burkina Faso, who was kidnapped by unidentified assailants in 2018, has been released, his father said on Monday. Kimar Akoliya, whose father Akoliya Patel owns the Ghana-based Balaji mining group, had set off for Burkina Faso's capital, Ouagadougou, from the remote Inata mine with two colleagues when they disappeared in September 2018.
MONTREAL , Dec. 23, 2019 /CNW Telbec/ - SEMAFO Inc. (SMF.ST) (SMF.ST) provides a debt and corporate update. SEMAFO has entered into an amendment agreement (the "Amendment Agreement") with Macquarie Bank Limited ("Macquarie") that updates the original credit agreement (the "Original Agreement"). The first update relates to an event of default provision.
As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...
Canadian gold miner Semafo Inc said on Monday it does not expect to restart operations at its Boungou Mine in Burkina Faso this year after a deadly attack on a convoy of buses carrying its employees last month forced it to suspend operations. Burkina Faso is struggling to combat surging Islamist violence in its remote eastern and northern scrublands. Sefamo said any restart plan will require the government to increase the security of the public road to Boungou as well as in the region.
MONTREAL , Dec. 2, 2019 /CNW Telbec/ - SEMAFO Inc. (SMF.ST) (SMF.ST) provides a corporate and operational update following the November 11 Boungou update. The Boungou Mine remains closed. Any restart plan will require the government to increase the security of the public road to Boungou as well as in the region.
Today we'll look at SEMAFO Inc. (TSE:SMF) and reflect on its potential as an investment. Specifically, we'll consider...
MONTREAL , Nov. 11, 2019 /CNW Telbec/ - SEMAFO Inc. (SMF.TO) (SMF.TO) ("SEMAFO") reports that over the weekend we began transportation of people by helicopter from the Boungou Mine site. Benoit Desormeaux , President and CEO of SEMAFO states: "Many of the people on-site need to be home with their families and to recover from last week's incident. Myself and most of our senior management team are in-country ensuring all those affected are getting the support they require.
Relatives of people killed and survivors from an attack this week on a bus convoy of mine workers in Burkina Faso were increasingly angry on Saturday at what they said was a lack of support from authorities and the mining company. Hundreds of relatives, friends and colleagues of the victims waited for hours to recover their bodies from a morgue in the capital Ouagadougou, as a procession of vehicles made its way to cemeteries across the city. Authorities said 38 people were killed in the attack, one of the deadliest in years in the West African country.
Australian mining services provider Perenti Global Ltd said on Friday that 19 of its employees were among the more than three dozen people killed in the ambush of a convoy ferrying hundreds of workers near a Canadian-owned mine in Burkina Faso. Gold miner Semafo Inc said five of its buses with a military escort came under fire on Wednesday on the road to its Boungou mine in the eastern region of Est. Perenti said 20 of its employees were also hospitalised in the attack.
MONTREAL , Nov. 7, 2019 /CNW Telbec/ - SEMAFO Inc. (SMF.TO) (SMF.ST) ("SEMAFO") provides an update on yesterday's attack on the public road between Fada and the Boungou Mine site in the Est region of Burkina Faso . The convoy, escorted by military personnel, comprised five buses transporting SEMAFO national employees, contractors and suppliers. Information from Burkina Faso authorities, currently has 37 fatalities and 60 wounded.
Thirty-seven civilians were killed and more than 60 wounded when gunmen ambushed a convoy transporting workers of Canadian gold miner Semafo in eastern Burkina Faso, regional authorities said on Wednesday. The attack is the deadliest in recent years as the military struggles to contain Islamist violence that has overrun parts of Burkina Faso, located in west Africa. Semafo tightened security last year following armed incidents near two of its mines in the country.
MONTREAL , Nov. 6, 2019 /CNW Telbec/ - SEMAFO Inc. (SMF.TO) (SMF.ST) ("SEMAFO") regrets to report there was an attack on the road between Fada and the Boungou Mine site in the Est region of Burkina Faso . The convoy, escorted by military personnel, comprised five buses transporting SEMAFO national employees, contractors and suppliers. The Company would like to express its sincere sympathy to families of the victims in addition to its firm support of Burkina Faso's security forces.
SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $50 Million