Golden Star Resources Ltd. to Post FY2018 Earnings of $0.29 Per Share, Desjardins Forecasts (GSC)
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Equities research analysts at Desjardins lowered their FY2018 earnings estimates for shares of Golden Star Resources in a research report issued to clients and investors on Monday. Desjardins analyst R. Ray now forecasts that the company will earn $0.29 per share for the year, down from their previous forecast of $0.30. Desjardins currently has a “Buy” rating and a $1.75 price target on the stock.
Other analysts have also issued reports about the stock. Beacon Securities reissued a “buy” rating on shares of Golden Star Resources in a research report on Wednesday, October 11th. Scotiabank reissued a “sector perform” rating and issued a C$1.25 price target on shares of Golden Star Resources in a research report on Sunday, September 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Golden Star Resources has an average rating of “Buy” and an average price target of C$1.46.
Golden Star Resources (GSC) remained flat at $0.97 during midday trading on Tuesday. 500 shares of the company were exchanged. Golden Star Resources has a 52 week low of $0.76 and a 52 week high of $1.33. The company has a 50-day moving average price of $0.94 and a 200-day moving average price of $0.92. The stock’s market capitalization is $364.90 million.
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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