Benoit Desormeaux - SEMAFO President CEO, Director

CEO

Mr. Benoit Desormeaux, CPA, is a President, Chief Executive Officer, Director of SEMAFO Inc. Mr. Desormeaux had been our Executive VicePresident and Chief Operating Officer since 2004, and previously held the positions, successively, of Corporationrationrate Controller as well as Chief Financial Officer. Prior to joining SEMAFO in 1997, he was with Deloitte LLP, involved principally in corporate audits in the manufacturing sector. Mr. Desormeaux is a Chartered Professional Accountant and a member of Ordre des Comptables Professionnels Agrs du Qubec. He sits on the board of directors of Groupe Technosub inc. and is Chair of the board of directors of SEMAFO Foundation. since 2012.
Age 47
Tenure 12 years
Professional MarksCPA
Phone514-744-4408
Webhttp://www.semafo.com
Desormeaux is a Chartered Professional Accountant, a member of Ordre des Comptables Professionnels Agréés du Québec and holds a bachelor’s degree in business administration from HEC Montréal.

SEMAFO Management Efficiency

The company has return on total asset (ROA) of 6.1 % which means that it generated a profit of $6.1 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 6.87 %, meaning that it generated $6.87 on every $100 dollars invested by stockholders. SEMAFO's management efficiency ratios could be used to measure how well SEMAFO manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 55.97 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. SEMAFO Inc has a current ratio of 2.37, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist SEMAFO until it has trouble settling it off, either with new capital or with free cash flow. So, SEMAFO's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SEMAFO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SEMAFO to invest in growth at high rates of return. When we think about SEMAFO's use of debt, we should always consider it together with cash and equity.

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As of July 1, 2020, SEMAFO Inc. was acquired by Endeavour Mining Corporation. SEMAFO Inc. was founded in 1994 and is headquartered in Saint-Laurent, Canada. SEMAFO INC operates under Gold classification in the United States and is traded on BATS Exchange. It employs 1235 people. SEMAFO Inc [SEMFF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

SEMAFO Inc Leadership Team

Elected by the shareholders, the SEMAFO's board of directors comprises two types of representatives: SEMAFO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SEMAFO. The board's role is to monitor SEMAFO's management team and ensure that shareholders' interests are well served. SEMAFO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SEMAFO's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alain Melanson, Vice President - Human Resources
Terence Bowles, Independent Director
Michel Crevier, Vice President - Exploration and Geology and Geo, MScA, Geology Manager and Qualified Person
Jean Lamarre, Executive Chairman
Gilles Masson, Independent Director
Patrick Moryoussef, VP of Mining Operations
Tertius Zongo, Independent Director
Robert LaValliere, Vice President - Investor Relations
John LeBoutillier, Lead Independent Director
Flore Konan, Director
John Jentz, Vice President - Corporate Development and Investor Relations
Lawrence McBrearty, Independent Director
Sylvain Duchesne, Vice President Construction & Engineering
Richard Roy, Vice President - Exploration
Eric PaulHus, Chief Compliance Officer, Vice President - Law, Corporate Secretary
Martin Milette, CFO
Benoit Desormeaux, President CEO, Director

SEMAFO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is SEMAFO a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the SEMAFO Inc information on this page should be used as a complementary analysis to other SEMAFO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in SEMAFO Pink Sheet

If you are still planning to invest in SEMAFO Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SEMAFO's history and understand the potential risks before investing.
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