Golden Star Resources (NASDAQ:GSS) Stock Rating Lowered by BidaskClub

Golden Star Resources (NASDAQ:GSS) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Wednesday, BidAskClub reports.

GSS has been the topic of a number of other reports. Beacon Securities downgraded Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Desjardins downgraded Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Monday, August 26th. Finally, Clarus Securities downgraded Golden Star Resources from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The company presently has an average rating of “Hold”.

Shares of NASDAQ:GSS traded down $0.01 during trading on Wednesday, hitting $3.15. The stock had a trading volume of 217,900 shares, compared to its average volume of 528,868. Golden Star Resources has a 12 month low of $2.43 and a 12 month high of $4.97. The firm’s fifty day moving average is $3.06 and its 200 day moving average is $3.48.

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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