Golden Star Resources (GSC) Price Target Cut to C$1.25

Golden Star Resources (TSE:GSC) (NYSE:GSS) had its target price decreased by BMO Capital Markets from C$1.50 to C$1.25 in a research note issued to investors on Friday morning.

Several other equities research analysts have also recently commented on GSC. 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. Scotiabank reaffirmed a sector perform rating and issued a C$1.25 target price on shares of Golden Star Resources in a research report on Sunday, September 24th. Beacon Securities reaffirmed a buy rating on shares of Golden Star Resources in a research report on Wednesday, October 11th. Finally, HC Wainwright reaffirmed a buy rating on shares of Golden Star Resources in a research report on Wednesday, November 29th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of C$1.41.

Golden Star Resources (TSE GSC) remained flat at $C$1.09 during trading hours on Friday. The stock had a trading volume of 2,320,000 shares, compared to its average volume of 107,465. Golden Star Resources has a 52 week low of C$0.76 and a 52 week high of C$1.33. The stock has a market capitalization of $548.44, a PE ratio of 13.63 and a beta of -1.29.

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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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