Shares of Golden Star Resource (GSC) were revisited by a Wall Street analyst today. Analyst Andrew Kaip from BMO Capital rated Golden Star Resource (GSC) a Buy, setting a C$5.50 price target.
According to TipRanks.com, Kaip is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.9% and a 28.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Golden Star Resources Ltd.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Golden Star Resource with a C$7 average price target.
Golden Star Resource’s market cap is currently C$297M and has a P/E ratio of 245.7. The company has a Price to Book ratio of -120.18.
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.
The company’s shares closed on Monday at C$3.83.
