01:17 PM EST - Semafo Inc. : said quarterly profit rose 25 percent helped by increased gold production and higher prices.October-December profit attributable to shareholders rose to $33.3 million, or 12 cents a share, from $26.6 million, or 10 cents a share a year ago. Revenue rose 32 percent to $113.9 million. Average realized gold price rose 22 percent to $1,694 an ounce during the quarter, the company said in a statement. Semafo Inc.
shares SMF:CA are trading down 32 cents at $5.39.