According to The Fly, bMO Capital analyst Andrew Breichmanas reiterated a Buy rating on Golden Star Resources Ltd (GSS) on November 4 and set a price target of $6.50. The company’s shares closed yesterday at $3.20.
According to TipRanks.com, Breichmanas is a 1-star analyst with an average return of -0.6% and a 39.0% success rate. Breichmanas covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Teranga Gold Corporation.
Golden Star Resources Ltd has an analyst consensus of Strong Buy, with a price target consensus of $5.70, which is a 78.1% upside from current levels. In a report issued on October 30, National Bank also maintained a Buy rating on the stock.
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Golden Star Resources Ltd’s market cap is currently $243.7M and has a P/E ratio of 148.84. The company has a Price to Book ratio of -127.49.
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Golden Star Resources Ltd. engages in gold mining and exploration activities. It owns and operates the Wassa and Prestea mines situated in Ghana. It operates through the following business segments: Wassa, Bogoso or Prestea, Other, and Corporate. The company was founded by David A. Fennell on May 15, 1992 and is headquartered in Toronto, Canada.
