H.C. Wainwright Remains a Buy on Golden Star Resources Ltd

H.C. Wainwright analyst Heiko Ihle maintained a Buy rating on Golden Star Resources Ltd (NYSE MKT: GSS) today and set a price target of $1.30. The company’s shares closed yesterday at $0.69.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 8.2% and a 45.9% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Northern Dynasty Minerals.

Golden Star Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $1.30.

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The company has a one-year high of $0.92 and a one-year low of $0.56. Currently, Golden Star Resources Ltd has an average volume of 1.26M.

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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.