Golden Star Resources Ltd. (GSC) to Post FY2018 Earnings of $0.33 Per Share, National Bank Financial Forecasts

Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) – Equities research analysts at National Bank Financial lowered their FY2018 EPS estimates for shares of Golden Star Resources in a report issued on Wednesday. National Bank Financial analyst R. Ray now expects that the firm will post earnings per share of $0.33 for the year, down from their prior forecast of $0.36. National Bank Financial currently has a “Outperform” rating and a $1.85 target price on the stock.

GSC has been the topic of several other research reports. Clarus Securities restated a “buy” rating on shares of Golden Star Resources in a report on Friday, January 6th. Scotiabank reiterated a “sector perform” rating and issued a C$1.15 price objective on shares of Golden Star Resources in a report on Monday, January 9th.

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

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Shares of Golden Star Resources (TSE:GSC) traded up 2.36% during trading on Friday, hitting $1.30. The company’s stock had a trading volume of 384,689 shares. The firm’s 50 day moving average price is $1.10 and its 200-day moving average price is $1.04. Golden Star Resources has a 52 week low of $0.37 and a 52 week high of $1.46. The company’s market cap is $427.37 million.

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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 and Other. The Company holds interest in the Wassa and Bogoso/Prestea gold mines in Ghana. The Company is pursuing brownfield development projects at its Wassa and Prestea mines. The Company holds interests in gold exploration projects in Ghana and other parts of West Africa.

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