Stocks to Watch: Semafo Inc. (TSX:SMF) Up +1.02% Friday

At close of market on Friday, Semafo Inc. (TSX:SMF) stock finished trading at +1.02%, bringing the stock price to $2.98 on the Toronto Stock Exchange. The stock price saw a low of $2.91 and a high of $3.03.

The company’s stock was traded 2,872 times with a total of 1,829,064 shares traded.

Semafo Inc. has a market cap of $970.34 million, with 325.62 million shares in issue.

Semafo Inc is a Canada-based mining company with gold production and exploration activities in Burkina Faso, West Africa. The company’s main segments are Mana and Natougou. The Mana project includes the satellite Siou and Fofina deposits. The Natougou project is an advanced gold deposit located within the Tapoa Permit Group, roughly 320 kilometers east of Ouagadougou, within the Birimian Gold Province of Burkina Faso. The Natougou deposit consists of a drill database of over 170 diamonds and 625 multipurpose and 550 reverse circulation drill holes.

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