Desjardins Remains a Buy on Golden Star Resources Ltd (GSS)


According to The Fly, in a report issued on October 31, Raj Ray from Desjardins reiterated a Buy rating on Golden Star Resources Ltd (GSS). The company’s shares opened today at $3.12.

According to TipRanks.com, Ray is ranked #3859 out of 4900 analysts.

Golden Star Resources Ltd has an analyst consensus of Strong Buy, with a price target consensus of $5.70, which is an 82.7% 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 $238.4M and has a P/E ratio of 14.67. The company has a Price to Book ratio of 293.35.

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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.

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