Golden Star Resources Ltd. (NYSEAMERICAN:GSS) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $0.09 and last traded at $0.77, with a volume of 1220000 shares trading hands. The stock had previously closed at $0.80.

A number of research firms have recently issued reports on GSS. Desjardins began coverage on Golden Star Resources in a report on Friday, September 29th. They issued a “buy” rating on the stock. Scotiabank reissued a “sector perform” rating and issued a $1.25 target price on shares of Golden Star Resources in a report on Wednesday, September 20th.

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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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