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: 100 Alexis-Nihon Boulevard, 7th floor
SAINT-LAURENT QC H4M 2P3
Tel: N/A
Website: www.semafo.com
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
Michel A. Crevier
Vice President - Exploration and Mine Geology and Geo, MScA, Geology Manager and Qualified Person
Sylvain Duchesne
Vice President - Construction and Engineering
John Jentz
Vice President - Corporate Development and Investor Relations
 
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 nine months ended 30 September 2017, Semafo Inc. revenues decreased 15% to $196M. Net income decreased 53% to $18.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Burkina Faso Mana Nine segment income decrease of 72% to $20.2M, Natougou Burkina Faso segment loss totaling $97K vs. income of $0K.
Employees: 993 as of Dec 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $810.05M as of Sep 30, 2017
Annual revenue (TTM): $339.76M as of Sep 30, 2017
EBITDA (TTM): $148.53M as of Sep 30, 2017
Net annual income (TTM): $17.22M as of Sep 30, 2017
Free cash flow (TTM): -$91.77M as of Sep 30, 2017
Net Debt Last Fiscal Year: N/A
Shares outstanding: 324,981,667 as of Dec 12, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization