The Golden Star Resources (GSS) rating is lowered to be sold at Zacks Investment Research



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  Golden Star Resources Ltd. logo "title =" Golden Star Resources Ltd. logo "clbad =" companylogo size-full "/> Zacks Investment Research downgraded the shares of <span> Golden Star Resources (NYSEAMERICAN: GSS) </span> Zacks, "GOLDEN STAR RES is an uncovered gold producer, they own the Wbada gold project in Ghana and control a number of gold. The Company is well-funded and has a strong, operational and experienced management in West Africa. The Company has become a gold producing company by consolidating a long-term production base in Bogoso / Prestea in Ghana. . The company will continue to focus on growing its gold business. "</p>
<p>  Other stock market badysts have also recently published reports on the company TheStreet has updated Golden Star Resources from the ad rating to the AC rating in a report on Wednesday, March 28. Inwright has set a goal of price of $ 1.00 on Golden Star Resources and awarded a stock purchase note in a research report on Wednesday, March 28. BMO Capital Markets has pbaded Golden Star Resources of a market performance rating to an outperformance rating in a research note on Monday, April 16. Finally, Scotiabank established a target price of $ 0.95 on Golden Star Resources and awarded the company a rating of Sectoral performance in a research note on Wednesday, March 28. Three equity research badysts gave a rating to the stock and four awarded a note to buy the action. Resources currently has a consensual rating of Buy and an obje a consensus price of $ 0.98. </p>
<p>  Golden Star Resources traded $ 0.01, reaching $ 0.69, during opening hours on Wednesday, according to MarketBeat. The stock had a trading volume of 500,490 shares, compared with its average volume of 1,116,547. Golden Star Resources has a minimum of $ 0.56 over 52 weeks and a high of $ 0.92 over 52 weeks. </p>
<p>  Golden Star Resources (NYSEAMERICAN: GSS) released its financial results for the last time on Wednesday, May 2nd. The company reported earnings per share (EPS) of $ 0.00 for the quarter, with the exception of the consensus estimate of $ 0.02 from Zacks ($ 0.02). The company achieved a turnover of $ 70.82 million during the quarter. Golden Star Resources reported a return on equity of 1,299.50% and a net margin of 15.61%. </p>
<p>  A number of large investors recently bought and sold GSS shares. Bank of Montreal Can increased its holdings in Golden Star Resources by 64.0% in the second quarter. Bank of Montreal can now hold 1,092,689 shares of the Company valued at $ 738,000 after purchasing an additional 426,584 shares in the last quarter. GSA Capital Partners LLP increased its stake in Golden Star Resources by 32.7% in the first quarter. GSA Capital Partners LLP now holds 1,303,116 shares of the Company valued at $ 765,000 after acquiring 321,100 additional shares during the last quarter. Van ECK Associates Corp increased its stake in Golden Star Resources by 2.1% in the first quarter. Van ECK Associates Corp. now holds 28,256,691 shares of the company valued at $ 16,587,000 after purchasing an additional 569,814 shares during the last quarter. First Allied Advisory Services Inc. increased its ownership interest in Golden Star Resources by 203.5% in the first quarter. First Allied Advisory Services Inc. now holds 217,000 shares of the company valued at $ 130,000 after purchasing 145,500 additional shares in the last quarter. Franklin Resources Inc. raised its holdings of Golden Star Resources by 0.7% in the first quarter. Franklin Resources Inc. now holds 22,091,667 shares of the company valued at $ 12,968,000 after purchasing 150,000 additional shares during the period. </p>
<p>  <strong> Company Profile Golden Star Resources </strong> </p>
<p>  Golden Star Resources Ltd. is a mining exploration and gold mining company. The company owns and operates the Wbada open pit gold mine, the Wbada underground mine and a carbon leach processing plant located northeast of the city of Tarkwa in Ghana; and gold mining and treatment Bogoso, Prestea open pit mining, and the Prestea underground development project located near the city of Prestea, Ghana. </p>
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<p>  Get a Free Copy of Zacks' Research Report on Golden Star Resources (GSS) </p>
<p>  For more information about the offers Zacks Investment Research, visit Zacks.com </p>
<p style=  Analyst Recommendations for Golden Star Resources (NYSEAMERICAN: GSS) =

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