Scotiabank Reaffirms “Sector Perform” Rating for Golden Star Resources Ltd. (GSC)
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)‘s stock had its “sector perform” rating restated by stock analysts at Scotiabank in a research report issued to clients and investors on Sunday, StockTargetPrices.com reports. They presently have a C$1.25 price target on the stock. Scotiabank’s target price points to a potential upside of 35.87% from the stock’s previous close.
Shares of Golden Star Resources (GSC) opened at 0.92 on Friday. The firm’s 50-day moving average is $0.91 and its 200-day moving average is $0.95. Golden Star Resources has a 12-month low of $0.76 and a 12-month high of $1.33. The firm’s market capitalization is $346.09 million.
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About Golden Star Resources
Golden Star Resources Ltd. is a gold mining and exploration company. The Company’s segments include Wassa, Bogoso/Prestea, Other and Corporate. The Company, through its subsidiary, Golden Star (Wassa) Limited, owns and operates the Wassa open-pit gold mine, the Wassa underground mine and a carbon-in-leach (CIL) processing plant (Wassa).
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