SEMAFO Inc. (OTCMKTS:SEMFF – Get Free Report)’s stock price shot up 4.4% on Wednesday. The company traded as high as $3.53 and last traded at $3.47. 4,000 shares were traded during mid-day 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 stock has a 50-day moving average of $3.47 and a two-hundred day moving average of $3.47.
SEMAFO Company Profile
SEMAFO Inc was a Canadian-based gold mining company focused on the exploration, development and production of gold in West Africa. The company operated primarily in Burkina Faso, where its activities centered on the Mana and Boungou gold operations.
SEMAFO produced gold doré and supported its operations through mining, ore processing, exploration and resource development. Its properties included open-pit mining assets and associated processing facilities, with exploration programs intended to extend mine life and identify additional mineral resources.
SEMAFO was led by President and Chief Executive Officer Benoit La Salle before the company was acquired by Endeavour Mining Corporation in 2020.
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