Semafo (OTCMKTS:SEMFF) Trading Up 1.3%
by Jessica Moore
Semafo Inc. (OTCMKTS:SEMFF)’s stock price was up 1.3% during mid-day trading on Monday . The stock traded as high as $1.98 and last traded at $1.95, approximately 13,682 shares changed hands during trading. A decline of 41% from the average daily volume of 23,322 shares. The stock had previously closed at $1.93.
Separately, Desjardins lowered Semafo from a “buy” rating to a “hold” rating in a report on Monday, August 26th.
The business has a 50 day moving average of $2.55 and a 200-day moving average of $3.34.
Semafo Company Profile (OTCMKTS:SEMFF)
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 Siou deposit. It also holds a 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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