Sentry Investments Corp. lowered its position in shares of Golden Star Resources Ltd. (NYSEMKT:GSS) by 3.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,653,333 shares of the mining company’s stock after selling 469,200 shares during the period. Sentry Investments Corp. owned approximately 3.90% of Golden Star Resources worth $12,455,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Golden Star Resources by 18.0% in the first quarter. Bank of New York Mellon Corp now owns 125,280 shares of the mining company’s stock valued at $106,000 after buying an additional 19,121 shares during the last quarter. Sigma Planning Corp boosted its stake in Golden Star Resources by 55.9% in the second quarter. Sigma Planning Corp now owns 213,951 shares of the mining company’s stock valued at $139,000 after buying an additional 76,683 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Golden Star Resources by 26.4% in the first quarter. Goldman Sachs Group Inc. now owns 279,960 shares of the mining company’s stock valued at $237,000 after buying an additional 58,510 shares during the last quarter. Global X Management Co. LLC boosted its stake in Golden Star Resources by 224.2% in the first quarter. Global X Management Co. LLC now owns 307,160 shares of the mining company’s stock valued at $260,000 after buying an additional 212,412 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Golden Star Resources during the first quarter valued at $306,000.

Shares of Golden Star Resources Ltd. (GSS) opened at 0.784 on Friday. Golden Star Resources Ltd. has a 12-month low of $0.59 and a 12-month high of $1.01. The stock’s 50 day moving average is $0.69 and its 200 day moving average is $0.74. The firm’s market cap is $294.93 million.

Golden Star Resources (NYSEMKT:GSS) last issued its quarterly earnings results on Tuesday, August 1st. The mining company reported $0.02 earnings per share for the quarter. The firm had revenue of $77.34 million for the quarter. Equities analysts expect that Golden Star Resources Ltd. will post $0.06 earnings per share for the current year.

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GSS has been the subject of several research reports. Scotiabank set a $1.00 target price on shares of Golden Star Resources and gave the company a “sector perform” rating in a research note on Friday, July 7th. Clarus Securities reiterated a “buy” rating on shares of Golden Star Resources in a research note on Thursday, May 4th. ValuEngine cut shares of Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Zacks Investment Research cut shares of Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, BidaskClub upgraded shares of Golden Star Resources from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Golden Star Resources currently has a consensus rating of “Buy” and a consensus target price of $1.15.

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).

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Institutional Ownership by Quarter for Golden Star Resources (NYSEMKT:GSS)

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