Golden Star Resources (GSC) Sets New 1-Year Low at $3.35
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$3.35 and last traded at C$3.40, with a volume of 38683 shares traded. The stock had previously closed at C$3.79.
Several equities research analysts recently commented on the company. Desjardins reduced their price objective on Golden Star Resources from C$1.65 to C$1.60 in a report on Tuesday, August 7th. National Bank Financial lifted their price objective on Golden Star Resources from C$1.50 to C$7.50 and gave the stock an “outperform” rating in a report on Tuesday, October 30th.
In other news, Director Samuel Theodorus Coetzer bought 12,000 shares of the company’s stock in a transaction on Monday, November 5th. The shares were acquired at an average cost of C$3.26 per share, with a total value of C$39,120.00. Also, insider Karen Denise Walsh bought 15,000 shares of the company’s stock in a transaction on Monday, November 5th. The stock was purchased at an average cost of C$3.16 per share, for a total transaction of C$47,400.00.
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 Bogoso gold mining and processing operation, Prestea open-pit mining operations, and the Prestea underground development project located near the town of Prestea, Ghana.
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