Golden Star Resources’ (GSC) “Sector Perform” Rating Reaffirmed at Scotiabank

Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)‘s stock had its “sector perform” rating reaffirmed by research analysts at Scotiabank in a note issued to investors on Tuesday. They presently have a C$1.20 price objective on the stock. Scotiabank’s target price would suggest a potential upside of 17.65% from the stock’s current price.

Several other research analysts have also recently commented on the company. Beacon Securities reaffirmed a “buy” rating on shares of Golden Star Resources in a research report on Wednesday, October 11th. Desjardins reaffirmed a “buy” rating and issued a C$1.75 target price on shares of Golden Star Resources in a research report on Friday, September 29th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$1.45.

Shares of Golden Star Resources (TSE GSC) traded up C$0.04 during mid-day trading on Tuesday, reaching C$1.02. The company had a trading volume of 60,688 shares, compared to its average volume of 268,508. Golden Star Resources has a 52-week low of C$0.76 and a 52-week high of C$1.33.

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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).

Analyst Recommendations for Golden Star Resources (TSE:GSC)

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