Update: Semafo's Q2 Earnings Show Soaring Production And Plummeting Costs
Ben Kramer-Miller • Mon, Aug. 11
- Semafo recently announced Q2 earnings of $13 million, cash flow of $38 million on revenues of $88 million.
- These figures are substantially stronger than those from Q2 of last year as production soared and costs plummeted.
- Both costs and production exceeded my August 2013 expectations.
- While this is great news it is also priced in as the stock is up 160% since then.