Clarus Securities Brokers Raise Earnings Estimates for Golden Star Resources Ltd. (TSE:GSC)

Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Analysts at Clarus Securities boosted their FY2019 earnings per share estimates for Golden Star Resources in a research note issued to investors on Thursday, May 2nd, according to Zacks Investment Research. Clarus Securities analyst N. Sangmuah now forecasts that the company will post earnings per share of $0.25 for the year, up from their prior estimate of $0.19.

Separately, National Bank Financial downgraded shares of Golden Star Resources from an “outperform” rating to a “sector perform” rating and set a C$7.00 price target on the stock. in a report on Friday, March 29th.

Shares of Golden Star Resources stock traded up C$0.06 on Monday, reaching C$4.69. The stock had a trading volume of 23,943 shares, compared to its average volume of 31,733. Golden Star Resources has a 1 year low of C$3.24 and a 1 year high of C$6.22. The company has a market cap of $521.29 million and a price-to-earnings ratio of -20.96. The company has a current ratio of 1.01, a quick ratio of 0.67 and a debt-to-equity ratio of 246.08.

About Golden Star Resources

Golden Star Resources Ltd. operates as a gold mining and exploration company. The company owns and operates the Wassa open-pit gold mine, the Wassa underground mine, and a carbon-in-leach processing plant located to the northeast of the town of Tarkwa, Ghana; and the Bogoso gold mining and processing operation, the Prestea open-pit mining operations, and the Prestea underground mine located near the town of Prestea, Ghana.

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

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