Golden Star Resources Sees Large Decrease in Short Interest (GSS)
Golden Star Resources (NYSE:GSS) was the recipient of a large decrease in short interest in June. As of June 13th, there was short interest totalling 5,553,015 shares, a decrease of 2.7% from the May 30th total of 5,705,157 shares, StockRatingsNetwork reports. Currently, 2.2% of the shares of the company are short sold. Based on an average daily volume of 965,446 shares, the short-interest ratio is presently 5.8 days.
Separately, analysts at Canaccord Genuity upgraded shares of Golden Star Resources from a “hold” rating to a “buy” rating in a research note on Wednesday, April 16th.
Golden Star Resources (NYSE:GSS) opened at 0.61 on Wednesday. Golden Star Resources has a one year low of $0.39 and a one year high of $0.89. The stock has a 50-day moving average of $0.53 and a 200-day moving average of $0.59. The company’s market cap is $158.2 million.
Golden Star Resources (NYSE:GSS) last announced its earnings results on Wednesday, May 7th. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.04. During the same quarter in the prior year, the company posted ($0.05) earnings per share. On average, analysts predict that Golden Star Resources will post $-0.02 earnings per share for the current fiscal year.
Golden Star Resources Ltd, (NYSE:GSS) is an international gold mining and exploration company producing gold in Ghana, West Africa.
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