Golden Star Resources (TSE:GSC) Share Price Crosses Above 200-Day Moving Average of $5.00
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.00 and traded as high as $4.31. Golden Star Resources shares last traded at $4.06, with a volume of 57,664 shares trading hands.
A number of equities research analysts have commented on the company. Desjardins cut Golden Star Resources from a “buy” rating to a “hold” rating in a report on Monday, August 26th. Beacon Securities cut Golden Star Resources from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, National Bank Financial increased their target price on Golden Star Resources from C$5.00 to C$5.50 and gave the company a “sector perform” rating in a report on Thursday, September 5th.
The business has a fifty day simple moving average of C$4.23 and a 200 day simple moving average of C$4.99. The stock has a market cap of $450.76 million and a price-to-earnings ratio of -17.55. The company has a debt-to-equity ratio of 316.59, a quick ratio of 0.54 and a current ratio of 0.86.
Golden Star Resources Company Profile (TSE:GSC)
Golden Star Resources Ltd. operates as a gold mining and exploration company. The company owns and operates the Wassa open-pit gold mine, the Wassa underground mine, and a carbon-in-leach processing plant located to the northeast of the town of Tarkwa, Ghana; and the Bogoso gold mining and processing operation, the Prestea open-pit mining operations, and the Prestea underground mine located near the town of Prestea, Ghana.
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