Golden Star Resources (GSC) Trading Down 1.9%
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)’s share price dropped 1.9% during trading on Tuesday . The stock traded as low as C$1.06 and last traded at C$1.07. Approximately 21,050 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 256,261 shares. The stock had previously closed at C$1.05.
Several equities research analysts have commented on GSC shares. Scotiabank restated a “sector perform” rating and set a C$1.20 price target on shares of Golden Star Resources in a research note on Tuesday, November 14th. Desjardins restated a “buy” rating and set a C$1.75 price target on shares of Golden Star Resources in a research note on Friday, September 29th. HC Wainwright restated a “buy” rating on shares of Golden Star Resources in a research note on Wednesday, November 29th. Finally, Beacon Securities restated a “buy” rating on shares of Golden Star Resources in a research note on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of C$1.45.
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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