Golden Star Resources (GSS) to Release Quarterly Earnings on Wednesday
Golden Star Resources (NYSEAMERICAN:GSS) will issue its quarterly earnings data after the market closes on Wednesday, October 31st. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Golden Star Resources (NYSEAMERICAN:GSS) last issued its earnings results on Wednesday, August 1st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The company had revenue of $77.12 million for the quarter. Golden Star Resources had a net margin of 15.61% and a return on equity of 1,299.50%.
Shares of NYSEAMERICAN:GSS opened at $0.72 on Monday. Golden Star Resources has a 12-month low of $0.56 and a 12-month high of $0.92.
GSS has been the subject of a number of research reports. HC Wainwright set a $1.00 target price on shares of Golden Star Resources and gave the company a “buy” rating in a research note on Friday, September 21st. Zacks Investment Research lowered shares of Golden Star Resources from a “hold” rating to a “sell” rating in a research note on Tuesday, September 11th. Finally, Scotiabank raised shares of Golden Star Resources from a “sector perform” rating to an “outperform” rating in a research note on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $0.98.
About Golden Star Resources
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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