FY2017 Earnings Estimate for Golden Star Resources Ltd. Issued By Clarus Securities (GSC)
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Equities research analysts at Clarus Securities increased their FY2017 earnings estimates for Golden Star Resources in a research note issued on Thursday. Clarus Securities analyst N. Sangmuah now forecasts that the company will post earnings per share of $0.08 for the year, up from their previous estimate of $0.05.
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Shares of Golden Star Resources (TSE:GSC) opened at 0.86 on Monday. The company’s market capitalization is $323.50 million. Golden Star Resources has a 1-year low of $0.76 and a 1-year high of $1.46. The firm’s 50 day moving average price is $0.85 and its 200-day moving average price is $1.01.
In other news, Director Samuel Theodorus Coetzer acquired 46,500 shares of Golden Star Resources stock in a transaction dated Monday, June 19th. The stock was purchased at an average cost of C$0.86 per share, for a total transaction of C$39,990.00. Over the last 90 days, insiders bought 106,500 shares of company stock valued at $78,990.
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 development project, and a carbon-in-leach processing plant located northeast of the town of Tarkwa, Ghana; and Bogoso gold mining and processing operation located near the town of Prestea, Ghana.
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