Golden Star Resources Ltd. (NYSEAMERICAN:GSS) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 17,538,983 shares, a growth of 1.7% from the November 30th total of 17,244,489 shares. Currently, 4.7% of the shares of the company are sold short. Based on an average daily trading volume, of 1,187,978 shares, the days-to-cover ratio is presently 14.8 days.

GSS has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Golden Star Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 28th. Scotiabank set a $0.95 target price on shares of Golden Star Resources and gave the stock a “sector perform” rating in a report on Wednesday, November 15th. Desjardins initiated coverage on shares of Golden Star Resources in a report on Friday, September 29th. They set a “buy” rating on the stock. Finally, HC Wainwright initiated coverage on shares of Golden Star Resources in a report on Wednesday, November 29th. They set a “buy” rating and a $1.40 target price on the stock.

Golden Star Resources (NYSEAMERICAN:GSS) traded up $0.01 during trading on Wednesday, reaching $0.89. 1,444,758 shares of the company were exchanged, compared to its average volume of 1,918,669. The company has a market cap of $444.46, a price-to-earnings ratio of 12.71 and a beta of -0.84. Golden Star Resources has a twelve month low of $0.59 and a twelve month high of $1.01.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at

About Golden Star Resources

Golden Star Resources Ltd. is a gold mining and exploration company. The Company’s segments include Wassa, Bogoso/Prestea, Other and Corporate. The Company, through its subsidiary, Golden Star (Wassa) Limited, owns and operates the Wassa open-pit gold mine, the Wassa underground mine and a carbon-in-leach (CIL) processing plant (Wassa).

Receive News & Ratings for Golden Star Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Star Resources and related companies with's FREE daily email newsletter.