Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Investment analysts at Beacon Securities boosted their FY2018 earnings per share (EPS) estimates for Golden Star Resources in a note issued to investors on Thursday. Beacon Securities analyst M. Curran now expects that the company will post earnings of $0.18 per share for the year, up from their previous estimate of $0.13. Beacon Securities also issued estimates for Golden Star Resources’ FY2020 earnings at $0.13 EPS.
GSC has been the topic of several other research reports. HC Wainwright restated a “buy” rating on shares of Golden Star Resources in a report on Wednesday, November 29th. National Bank Financial restated an “outperform market weight” rating and set a C$1.60 target price on shares of Golden Star Resources in a report on Monday, January 29th. Scotiabank restated a “sector perform” rating and set a C$1.20 target price on shares of Golden Star Resources in a report on Tuesday, November 14th. Finally, BMO Capital Markets reduced their target price on shares of Golden Star Resources from C$1.50 to C$1.25 in a report on Friday, January 12th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of C$1.45.
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Golden Star Resources Company Profile
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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