Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.38 and traded as low as $3.85. Golden Star Resources shares last traded at $3.89, with a volume of 34,604 shares trading hands.
Several equities research analysts recently commented on GSC shares. Clarus Securities restated a “hold” rating on shares of Golden Star Resources in a research report on Friday, November 1st. National Bank Financial cut their target price on Golden Star Resources from C$5.50 to C$5.00 in a research report on Monday, November 18th.
The firm has a fifty day simple moving average of C$4.45 and a 200-day simple moving average of C$4.38. The firm has a market cap of $451.18 million and a P/E ratio of -29.47. The company has a debt-to-equity ratio of 258.92, a current ratio of 0.79 and a quick ratio of 0.47.
About Golden Star Resources (TSE:GSC)
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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