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.

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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)

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