Golden Star Resources (NASDAQ:GSS) Downgraded by BidaskClub to “Strong Sell”

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BidaskClub cut shares of Golden Star Resources (NASDAQ:GSS) from a sell rating to a strong sell rating in a research note released on Friday, BidAskClub reports.

A number of other brokerages have also recently weighed in on GSS. Desjardins cut Golden Star Resources from a buy rating to a hold rating in a research report on Monday, August 26th. Beacon Securities lowered Golden Star Resources from a buy rating to a hold rating in a research note on Thursday, August 1st.

GSS stock opened at $3.09 on Friday. Golden Star Resources has a twelve month low of $2.43 and a twelve month high of $4.97. The company has a 50 day moving average price of $3.21.

Golden Star Resources (NASDAQ:GSS) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The firm had revenue of $61.92 million during the quarter.

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 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.

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