Golden Star Resources, Ltd (NASDAQ:GSS) Expected to Post Earnings of $0.05 Per Share

Brokerages expect Golden Star Resources, Ltd (NASDAQ:GSS) to post earnings per share of $0.05 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Golden Star Resources’ earnings. Golden Star Resources also posted earnings per share of $0.05 during the same quarter last year. The company is scheduled to report its next earnings report on Wednesday, August 7th.

On average, analysts expect that Golden Star Resources will report full-year earnings of $0.30 per share for the current financial year, with EPS estimates ranging from $0.19 to $0.49. For the next fiscal year, analysts anticipate that the business will report earnings of $0.53 per share, with EPS estimates ranging from $0.30 to $0.73. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Golden Star Resources.

Golden Star Resources (NASDAQ:GSS) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.06. The firm had revenue of $67.26 million during the quarter.

A number of brokerages have recently commented on GSS. National Bank Financial cut Golden Star Resources from an “outperform overweight” rating to a “sector perform overweight” rating in a research note on Thursday, March 28th. BidaskClub cut Golden Star Resources from a “hold” rating to a “sell” rating in a research note on Friday, May 24th.

Shares of GSS traded up $0.02 during trading hours on Friday, reaching $3.47. The stock had a trading volume of 330,462 shares, compared to its average volume of 289,469. Golden Star Resources has a 12 month low of $2.43 and a 12 month high of $4.67.

Golden Star Resources Company Profile

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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