Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Research analysts at Clarus Securities raised their FY2019 EPS estimates for shares of Golden Star Resources in a research report issued to clients and investors on Friday. Clarus Securities analyst N. Sangmuah now expects that the company will earn $0.29 per share for the year, up from their previous estimate of $0.21.

Golden Star Resources (TSE:GSC) (NYSE:GSS) last issued its quarterly earnings results on Wednesday, November 1st. The company reported C$0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.04 by C$0.03. Golden Star Resources had a return on equity of 1,299.50% and a net margin of 15.61%.

Several other equities analysts have also issued reports on GSC. Scotiabank reaffirmed a “sector perform” rating and set a C$1.25 price target on shares of Golden Star Resources in a research note on Sunday, September 24th. Desjardins reissued a “buy” rating and issued a C$1.75 target price on shares of Golden Star Resources in a research note on Friday, September 29th. Beacon Securities reissued a “buy” rating on shares of Golden Star Resources in a research note on Wednesday, October 11th. HC Wainwright reissued a “buy” rating on shares of Golden Star Resources in a research note on Wednesday, November 29th. Finally, BMO Capital Markets cut their target price on Golden Star Resources from C$1.50 to C$1.25 in a research note on Friday, January 12th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$1.41.

Shares of Golden Star Resources (TSE:GSC) traded down C$0.04 on Monday, hitting C$1.04. The stock had a trading volume of 914,283 shares, compared to its average volume of 396,791. Golden Star Resources has a twelve month low of C$0.76 and a twelve month high of C$1.33. The firm has a market capitalization of $524.65, a price-to-earnings ratio of 13.00 and a beta of -1.29.

TRADEMARK VIOLATION WARNING: This report was published by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was stolen and republished in violation of international copyright & trademark laws. The original version of this report can be viewed at

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).

Earnings History and Estimates for Golden Star Resources (TSE:GSC)

Receive News & Ratings for Golden Star Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Star Resources and related companies with's FREE daily email newsletter.