Golden Star Resources Short Interest Up 5.9% in July (GSS)
Golden Star Resources (NYSE:GSS) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totalling 5,617,983 shares, a growth of 5.9% from the July 15th total of 5,305,856 shares, Stock Ratings News reports. Based on an average daily volume of 1,075,939 shares, the short-interest ratio is presently 5.2 days. Approximately 2.2% of the company’s stock are short sold.
Separately, analysts at Zacks upgraded shares of Golden Star Resources from an “underperform” rating to a “neutral” rating in a research note on Monday. They now have a $0.60 price target on the stock.
Shares of Golden Star Resources (NYSE:GSS) traded down 0.32% during mid-day trading on Monday, hitting $0.5537. The stock had a trading volume of 276,833 shares. Golden Star Resources has a 52 week low of $0.39 and a 52 week high of $0.89. The stock has a 50-day moving average of $0.56 and a 200-day moving average of $0.61. The company’s market cap is $143.6 million.
Golden Star Resources (NYSE:GSS) last released its earnings data on Friday, August 1st. The company reported ($0.03) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.03). Analysts expect that Golden Star Resources will post $-0.07 EPS 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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