Analysts Offer Predictions for Golden Star Resources Ltd.’s FY2017 Earnings (GSC)

Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Analysts at National Bank Financial issued their FY2017 earnings per share estimates for Golden Star Resources in a research report issued to clients and investors on Monday. National Bank Financial analyst D. Demarco forecasts that the company will post earnings of $0.14 per share for the year. National Bank Financial currently has a “Outperform Market Weight” rating on the stock. National Bank Financial also issued estimates for Golden Star Resources’ FY2018 earnings at $0.17 EPS, FY2019 earnings at $0.16 EPS and FY2020 earnings at $0.17 EPS.

Other equities research analysts also recently issued reports about the company. Beacon Securities restated a “buy” rating on shares of Golden Star Resources in a report on Wednesday, October 11th. Scotiabank restated a “sector perform” rating and issued a C$1.20 price target on shares of Golden Star Resources in a report on Tuesday, November 14th. HC Wainwright restated a “buy” rating on shares of Golden Star Resources in a report on Wednesday, November 29th. Finally, BMO Capital Markets lowered their price target on Golden Star Resources from C$1.50 to C$1.25 in a report on Friday, January 12th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Golden Star Resources has a consensus rating of “Buy” and an average price target of C$1.36.

Shares of Golden Star Resources (GSC) opened at C$1.00 on Thursday. The company has a market capitalization of $516.17, a PE ratio of 12.50 and a beta of -1.29. Golden Star Resources has a fifty-two week low of C$0.76 and a fifty-two week high of C$1.33.

Golden Star Resources (TSE:GSC) (NYSE:GSS) last released its quarterly earnings data on Wednesday, November 1st. The company reported C$0.07 EPS for the quarter, beating analysts’ consensus estimates of C$0.04 by C$0.03. Golden Star Resources had a return on equity of 1,299.50% and a net margin of 15.61%. ILLEGAL ACTIVITY NOTICE: “Analysts Offer Predictions for Golden Star Resources Ltd.’s FY2017 Earnings (GSC)” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2018/02/01/analysts-offer-predictions-for-golden-star-resources-ltd-s-fy2017-earnings-gsc.html.

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).

Earnings History and Estimates for Golden Star Resources (TSE:GSC)

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