Semafo (TSE:SMF) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Semafo Inc. (TSE:SMFGet Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$4.84. Semafo shares last traded at C$4.77, with a volume of 940,641 shares changing hands.

Semafo Price Performance

The company has a debt-to-equity ratio of 6.49, a quick ratio of 1.37 and a current ratio of 2.42. The stock has a market cap of C$1.60 billion and a P/E ratio of 34.07. The company’s 50 day moving average is C$4.77.

About Semafo

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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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