Golden Star Resources’ (GSC) “Buy” Rating Reaffirmed at Beacon Securities

Beacon Securities reissued their buy rating on shares of Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) in a research note released on Wednesday. Beacon Securities also issued estimates for Golden Star Resources’ Q3 2017 earnings at $0.04 EPS, Q4 2017 earnings at $0.03 EPS, FY2017 earnings at $0.11 EPS, FY2018 earnings at $0.05 EPS and FY2019 earnings at $0.05 EPS.

Several other equities research analysts also recently weighed in on the company. Desjardins reaffirmed a buy rating and issued a C$1.75 target price on shares of Golden Star Resources in a research report on Friday, September 29th. Scotiabank reaffirmed a sector perform rating and issued a C$1.25 target price on shares of Golden Star Resources in a research report on Sunday, September 24th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of C$1.46.

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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, Other and Corporate. The Company, through its subsidiary, Golden Star (Wassa) Limited, owns and operates the Wassa open-pit gold mine, the Wassa underground mine and a carbon-in-leach (CIL) processing plant (Wassa).

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