Golden Star Resources (NYSEAMERICAN:GSS) has been given a $1.00 target price by HC Wainwright in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s target price suggests a potential upside of 36.99% from the stock’s current price.
Several other research analysts have also recently commented on GSS. Scotiabank set a $0.95 target price on shares of Golden Star Resources and gave the stock a “sector perform” rating in a research report on Thursday. Credit Suisse Group upgraded shares of Golden Star Resources from an “underperform” rating to a “neutral” rating in a research report on Friday, January 26th. National Bank Financial began coverage on shares of Golden Star Resources in a research report on Tuesday, January 30th. They issued an “outperform” rating for the company. Finally, Zacks Investment Research cut shares of Golden Star Resources from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $0.98.
Golden Star Resources (NYSEAMERICAN:GSS) opened at $0.73 on Thursday. Golden Star Resources has a 1 year low of $0.59 and a 1 year high of $1.00. The company has a market cap of $387.74, a PE ratio of 10.43 and a beta of -0.80.
Several institutional investors have recently bought and sold shares of GSS. Two Sigma Advisers LP boosted its holdings in shares of Golden Star Resources by 767.3% in the fourth quarter. Two Sigma Advisers LP now owns 146,576 shares of the company’s stock valued at $130,000 after acquiring an additional 129,676 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Golden Star Resources in the fourth quarter valued at approximately $137,000. Bank of New York Mellon Corp bought a new position in shares of Golden Star Resources in the fourth quarter valued at approximately $204,000. Two Sigma Investments LP bought a new position in shares of Golden Star Resources in the fourth quarter valued at approximately $205,000. Finally, Hollencrest Capital Management boosted its holdings in shares of Golden Star Resources by 100.0% in the fourth quarter. Hollencrest Capital Management now owns 300,000 shares of the company’s stock valued at $267,000 after acquiring an additional 150,000 shares in the last quarter.
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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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