Golden Star Resources Ltd. (GSS) Short Interest Update
Golden Star Resources Ltd. (NYSEAMERICAN:GSS) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 17,244,489 shares, a growth of 0.5% from the November 15th total of 17,160,878 shares. Based on an average daily volume of 1,515,181 shares, the days-to-cover ratio is currently 11.4 days. Approximately 4.7% of the shares of the stock are short sold.
GSS has been the subject of a number of research analyst reports. Scotiabank reissued a “sector perform” rating and set a $1.25 target price on shares of Golden Star Resources in a report on Wednesday, September 20th. HC Wainwright initiated coverage on Golden Star Resources in a report on Wednesday, November 29th. They set a “buy” rating and a $1.40 target price for the company. Zacks Investment Research cut Golden Star Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 28th. Finally, Desjardins initiated coverage on Golden Star Resources in a report on Friday, September 29th. They set a “buy” rating for the company.
Golden Star Resources (GSS) opened at $0.84 on Friday. Golden Star Resources has a fifty-two week low of $0.59 and a fifty-two week high of $1.01.
About Golden Star Resources
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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