Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.90 and traded as high as $4.13. Golden Star Resources shares last traded at $4.00, with a volume of 11,421 shares.

GSC has been the subject of a number of recent research reports. National Bank Financial boosted their price objective on Golden Star Resources from C$5.00 to C$5.50 and gave the stock a “sector perform” rating in a report on Thursday, September 5th. Desjardins lowered Golden Star Resources from a “buy” rating to a “hold” rating in a report on Monday, August 26th. Finally, Beacon Securities lowered Golden Star Resources from a “buy” rating to a “hold” rating in a report on Thursday, August 1st.

The company has a current ratio of 0.86, a quick ratio of 0.54 and a debt-to-equity ratio of 316.59. The business has a fifty day simple moving average of C$4.03 and a 200 day simple moving average of C$4.90. The stock has a market capitalization of $420.20 million and a P/E ratio of -17.17.

Golden Star Resources (TSE:GSC) (NYSE:GSS) last released its earnings results on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.05). The firm had revenue of C$82.82 million during the quarter. As a group, research analysts forecast that Golden Star Resources Ltd. will post 0.43 earnings per share for the current year.

About Golden Star Resources (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.

Further Reading: What are some reasons analysts would give stocks a buy rating?

Receive News & Ratings for Golden Star Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Star Resources and related companies with MarketBeat.com's FREE daily email newsletter.