Semafo Inc. (T:SMF)

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Business Focus: Gold Mining

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Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 750 Marcel Laurin Boulevard, Suite 375
Tel: N/A
IR: See website
Key People
Benoit Desormeaux
President, Chief Executive Officer, Director
Martin Milette
Chief Financial Officer
Eric Paul-Hus
Chief Compliance Officer, Vice President - Law, Corporate Secretary
Patrick Moryoussef
Vice President - Mining Operations
Alain Melanson
Vice President - Human Resources
Sylvain Duchesne
Vice President - Construction and Engineering
John Jentz
Vice President - Corporate Development and Investor Relations
Richard Roy
Vice President - Exploration
Business Overview
SEMAFO Inc. is a Canada-based mining company. The Company's segments include Mana, Burkina Faso; Natougou, Burkina Faso, and Other exploration. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations. Its properties include Mana project, which is located in Burkina Faso that includes the satellite Siou and Fofina deposits; Natougou advanced gold deposit, which is located approximately 320 kilometers east of Ouagadougou, and consists of a drill database of over 170 diamond, 625 multi-purpose (reverse-circulation (RC) pre-collar and core tail) and 550 RC drill holes; Banfora project, which is located approximately 200 kilometers south west of Mana, and Nabanga project, which is located approximately 250 kilometers south-east of Ouagadougou. Its subsidiaries include SEMAFO Burkina Faso S.A., Mana Mineral S.A., SEMAFO (Barbados) Ltd, Orbis Gold PTY LTD and Birimian Resources S.A.R.L.
Financial Overview
For the three months ended 31 March 2018, Semafo Inc. revenues decreased 6% to $62.7M. Net loss increased 75% to $4.7M. Revenues reflect Stripping Ratio -% - Mana decrease of 9% to 8.8%. Higher net loss reflects Burkina Faso Mana Nine segment loss totaling $3.2M vs. income of $2.6M, Corporate & Other segment loss increase of 12% to $4.8M. Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.01.
Employees: 1,034 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $1,124M as of Mar 31, 2018
Annual revenue (TTM): $335.30M as of Mar 31, 2018
EBITDA (TTM): $131.72M as of Mar 31, 2018
Net annual income (TTM): $23.71M as of Mar 31, 2018
Free cash flow (TTM): -$214.49M as of Mar 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 325,617,255 as of May 9, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization