Golden Star Resources Ltd. (NYSEAMERICAN:GSS) – National Bank Financial raised their FY2021 earnings per share estimates for shares of Golden Star Resources in a note issued to investors on Monday, May 20th. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.77 per share for the year, up from their previous estimate of $0.73. National Bank Financial has a “Sector Perform” rating on the stock.
GSS has been the subject of several other research reports. Zacks Investment Research upgraded shares of Golden Star Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, February 8th. HC Wainwright restated a “buy” rating and set a $4.40 price target on shares of Golden Star Resources in a research report on Thursday, February 21st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $5.70.
Golden Star Resources (NYSEAMERICAN:GSS) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.06. The company had revenue of $67.26 million for the quarter.
Large investors have recently modified their holdings of the business. Virtu Financial LLC bought a new position in Golden Star Resources during the fourth quarter worth about $32,000. Millennium Management LLC bought a new position in Golden Star Resources during the fourth quarter worth about $37,000. Paloma Partners Management Co bought a new position in Golden Star Resources during the fourth quarter worth about $52,000. Sigma Planning Corp bought a new position in Golden Star Resources during the first quarter worth about $88,000. Finally, Jane Street Group LLC boosted its position in Golden Star Resources by 34.5% during the third quarter. Jane Street Group LLC now owns 162,256 shares of the company’s stock worth $118,000 after purchasing an additional 41,577 shares during the period.
Golden Star Resources Company Profile
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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