Shares of SEMAFO Inc. (OTCMKTS:SEMFF – Get Free Report) shot up 4.4% on Wednesday. The company traded as high as $3.53 and last traded at $3.47. 4,000 shares traded hands during trading, a decline of 93% from the average session volume of 55,841 shares. The stock had previously closed at $3.3222.
SEMAFO Price Performance
The company’s 50 day simple moving average is $3.47 and its 200-day simple moving average is $3.47.
About SEMAFO
SEMAFO Inc was a Canadian gold mining company focused on the exploration, development and operation of gold properties in West Africa. The company’s principal activities included producing gold and advancing mineral projects in Burkina Faso.
SEMAFO operated the Mana gold mine in Burkina Faso and developed the Boungou mine in the country’s east. Its operations included open-pit mining, ore processing and related exploration activities intended to expand and sustain its West African asset base.
In 2020, SEMAFO combined with Endeavour Mining Corporation in a transaction that created a larger West African gold producer.
Recommended Stories
- Five stocks we like better than SEMAFO
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Receive News & Ratings for SEMAFO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEMAFO and related companies with MarketBeat.com's FREE daily email newsletter.
