Shares of Golden Star Resources Ltd. (NYSEMKT:GSS) have earned an average rating of “Hold” from the six brokerages that are presently covering the firm. Five analysts have rated the stock with a hold recommendation. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $0.30.
A number of equities research analysts have recently issued reports on GSS shares. CIBC upgraded shares of Golden Star Resources from a “sector underperform” rating to a “sector perform” rating in a report on Friday, August 26th. National Bank Financial upgraded shares of Golden Star Resources from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a research note on Sunday, June 26th.
An institutional investor recently raised its position in Golden Star Resources stock. Renaissance Technologies LLC raised its stake in Golden Star Resources Ltd. (NYSEMKT:GSS) by 36.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,577,296 shares of the mining company’s stock after buying an additional 2,024,998 shares during the period. Renaissance Technologies LLC owned approximately 2.92% of Golden Star Resources worth $3,455,000 as of its most recent filing with the SEC.
Golden Star Resources (NYSEMKT:GSS) opened at 0.7375 on Monday. The firm’s market cap is $208.51 million. Golden Star Resources has a one year low of $0.14 and a one year high of $1.13. The firm has a 50-day moving average of $0.75 and a 200-day moving average of $0.69.
Golden Star Resources Company Profile
Golden Star Resources Ltd. is a gold mining and exploration company. The Company’s segments include Wassa, Bogoso/Prestea and Other. The Company holds interest in the Wassa and Bogoso/Prestea gold mines in Ghana. The Company is pursuing brownfield development projects at its Wassa and Prestea mines. The Company holds interests in gold exploration projects in Ghana and other parts of West Africa.
Receive News & Ratings for Golden Star Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Star Resources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.