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
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 fiscal year ended 31 December 2017, Semafo Inc. revenues decreased 14% to $259M. Net income decreased 41% to $20M. Revenues reflect Stripping Ratio -% - Mana decrease of 3% to 7.5%. Net income also reflects Burkina Faso Mana Nine segment income decrease of 69% to $26.7M, Natougou Burkina Faso segment loss totaling $166K vs. income of $0K. Basic Earnings per Share excluding Extraordinary Items decreased from $0.11 to $0.06.
Employees: 993 as of Dec 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $1,036M as of Dec 31, 2017
Annual revenue (TTM): $334.13M as of Dec 31, 2017
EBITDA (TTM): $137.03M as of Dec 31, 2017
Net annual income (TTM): $25.85M as of Dec 31, 2017
Free cash flow (TTM): -$160.54M as of Dec 31, 2017
Net Debt Last Fiscal Year: N/A
Shares outstanding: 324,982,000 as of Dec 31, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization