Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS)’s share price shot up 3% on Monday . The company traded as high as C$1.03 and last traded at C$0.98. 55,838 shares changed hands during trading, a decline of 79% from the average session volume of 269,466 shares. The stock had previously closed at C$1.01.

A number of brokerages have weighed in on GSC. Beacon Securities reiterated a “buy” rating on shares of Golden Star Resources in a research report on Wednesday, October 11th. Desjardins reiterated a “buy” rating and set a C$1.75 target price on shares of Golden Star Resources in a research report on Friday, September 29th. Finally, Scotiabank reiterated a “sector perform” rating and set a C$1.25 target price on shares of Golden Star Resources in a research report on Sunday, September 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$1.46.

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Golden Star Resources Company Profile

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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