Golden Star Resources Ltd (NYSEMKT:GSS) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 3 by 2 Brokerage Firm. 2 Brokerage Firms have advised hold.
Golden Star Resources Ltd (NYSEMKT:GSS): 2 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $0.6 in Golden Star Resources Ltd (NYSEMKT:GSS). However, the stock price could fluctuate by $ 0.14 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $1 price target with the lower price estimate is calculated at $1
Golden Star Resources Ltd (NYSEMKT:GSS) witnessed a decline in the market cap on Tuesday as its shares dropped 3.87% or 0.024 points. After the session commenced at $0.6, the stock reached the higher end at $0.616 while it hit a low of $0.595. With the volume soaring to 987,591 shares, the last trade was called at $0.596. The company has a 52-week high of $0.8396. The company has a market cap of $155 million and there are 259,897,100 shares in outstanding. The 52-week low of the share price is $0.137.
Golden Star Resources, Ltd. has dropped 3.87% in the last five trading days, however, the shares have posted positive gains of 2.76% in the last 4 weeks. Golden Star Resources, Ltd. is up 32.44% in the last 3-month period. Year-to-Date the stock performance stands at 250.59%.
Golden Star Resources Ltd. (Golden Star) is a gold mining company. The Company holds 90% interest in the Wassa, Prestea and Bogoso gold mines in Ghana. The Company is engaged in the brownfield development projects at its Wassa and Prestea mines. The Wassa mine is located approximately 35 kilometers east of the town of Bogoso, Ghana. Wassa has a non-refractory processing plant (Wassa processing plant) consisting of a carbon-in-leach (CIL) system. Bogoso operates a gold ore processing facility, which uses bio-oxidation technology to treat refractory ore (Bogoso refractory plant). Bogoso also has a CIL processing facility located adjacent to the Bogoso refractory plant, which is used for treating non-refractory gold ores (Bogoso non-refractory plant). Through Bogoso, the Company owns the Prestea Underground Mine, which is located on the Prestea property.