Research analysts at HC Wainwright started coverage on shares of Gossan Resources (NYSEAMERICAN:GSS) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating and a $1.40 price target on the stock. HC Wainwright’s target price would suggest a potential upside of 62.79% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Gossan Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Scotiabank set a $0.95 target price on shares of Gossan Resources and gave the stock a “sector perform” rating in a report on Wednesday, November 15th. Finally, Desjardins initiated coverage on shares of Gossan Resources in a report on Friday, September 29th. They issued a “buy” rating on the stock.

Gossan Resources (NYSEAMERICAN GSS) opened at $0.86 on Wednesday. Gossan Resources has a one year low of $0.59 and a one year high of $1.01.

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About Gossan 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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