Golden Star Resources Ltd. (GSS) Given Average Recommendation of “Buy” by Analysts
Shares of Golden Star Resources Ltd. (NYSEMKT:GSS) (TSE:GSC) have received a consensus rating of “Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $1.15.
GSS has been the subject of several analyst reports. Scotiabank set a $1.00 price objective on Golden Star Resources and gave the stock a “sector perform” rating in a research note on Friday, July 7th. ValuEngine lowered Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Zacks Investment Research lowered Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, BidaskClub lowered Golden Star Resources from a “sell” rating to a “strong sell” rating in a research note on Monday, September 18th.
TRADEMARK VIOLATION WARNING: This story was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.dailypolitical.com/2017/09/25/golden-star-resources-ltd-gss-given-average-recommendation-of-buy-by-analysts.html.
A number of institutional investors have recently modified their holdings of the stock. Creative Planning boosted its holdings in Golden Star Resources by 1.4% in the 2nd quarter. Creative Planning now owns 451,648 shares of the mining company’s stock worth $294,000 after buying an additional 6,250 shares during the period. Bank of New York Mellon Corp boosted its holdings in Golden Star Resources by 18.0% in the 1st quarter. Bank of New York Mellon Corp now owns 125,280 shares of the mining company’s stock worth $106,000 after buying an additional 19,121 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Golden Star Resources by 26.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,960 shares of the mining company’s stock worth $237,000 after buying an additional 58,510 shares during the period. Sigma Planning Corp boosted its holdings in Golden Star Resources by 55.9% in the 2nd quarter. Sigma Planning Corp now owns 213,951 shares of the mining company’s stock worth $139,000 after buying an additional 76,683 shares during the period. Finally, Zacks Investment Management bought a new position in Golden Star Resources in the 2nd quarter worth $123,000.
Golden Star Resources (NYSEMKT:GSS) (TSE:GSC) last announced its earnings results on Tuesday, August 1st. The mining company reported $0.02 earnings per share for the quarter. The company had revenue of $77.34 million for the quarter.
About Golden Star Resources
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).
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.