Golden Star Resources Ltd. Forecasted to Earn FY2019 Earnings of $0.29 Per Share (GSC)
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Analysts at Clarus Securities raised their FY2019 EPS estimates for shares of Golden Star Resources in a research note issued to investors on Friday. Clarus Securities analyst N. Sangmuah now anticipates that the company will earn $0.29 per share for the year, up from their prior forecast of $0.21.
Several other research analysts have also issued reports on GSC. BMO Capital Markets lowered their price target on shares of Golden Star Resources from C$1.50 to C$1.25 in a report on Friday. Desjardins restated a “buy” rating and set a C$1.75 price target on shares of Golden Star Resources in a report on Friday, September 29th. Scotiabank restated a “sector perform” rating and set a C$1.25 price target on shares of Golden Star Resources in a report on Sunday, September 24th. Beacon Securities restated a “buy” rating on shares of Golden Star Resources in a report on Wednesday, October 11th. Finally, HC Wainwright restated a “buy” rating on shares of Golden Star Resources in a report on Wednesday, November 29th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$1.41.
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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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