Golden Star Resources (GSS) Shares Down 8%
Golden Star Resources Ltd. (NYSEAMERICAN:GSS) fell 8% during trading on Friday . The company traded as low as $0.69 and last traded at $0.69. 2,868,586 shares were traded during trading, an increase of 80% from the average session volume of 1,589,767 shares. The stock had previously closed at $0.75.
A number of research firms have commented on GSS. Scotiabank set a $0.95 target price on shares of Golden Star Resources and gave the stock a “sector perform” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Golden Star Resources from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. National Bank Financial began coverage on shares of Golden Star Resources in a research note on Tuesday, January 30th. They set an “outperform” rating on the stock. Credit Suisse Group upgraded shares of Golden Star Resources from an “underperform” rating to a “neutral” rating in a research note on Friday, January 26th. Finally, HC Wainwright began coverage on shares of Golden Star Resources in a research note on Wednesday, November 29th. They set a “buy” rating and a $1.40 target price on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Golden Star Resources currently has an average rating of “Hold” and a consensus target price of $1.12.
The firm has a market cap of $342.86, a PE ratio of 9.89 and a beta of -0.80.
Golden Star Resources Company Profile
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).
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