Beacon Securities Comments on Golden Star Resources Ltd.’s Q3 2017 Earnings (GSC)
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Stock analysts at Beacon Securities issued their Q3 2017 earnings per share (EPS) estimates for Golden Star Resources in a research note issued to investors on Wednesday. Beacon Securities analyst M. Curran anticipates that the company will post earnings per share of $0.04 for the quarter. Beacon Securities currently has a “Buy” rating on the stock. Beacon Securities also issued estimates for Golden Star Resources’ Q4 2017 earnings at $0.03 EPS, FY2017 earnings at $0.11 EPS, FY2018 earnings at $0.05 EPS and FY2019 earnings at $0.05 EPS.
A number of other analysts also recently issued reports on the company. Desjardins reiterated a “buy” rating and set a C$1.75 price target on shares of Golden Star Resources in a research report on Friday, September 29th. Scotiabank reiterated a “sector perform” rating and set a C$1.25 price target on shares of Golden Star Resources in a research report on Sunday, September 24th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of C$1.46.
Golden Star Resources Company Profile
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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