Golden Star Resources Ltd. (TSE:GSC) Senior Officer Acquires C$22,050.00 in Stock

Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) Senior Officer Steven Mitchell Wasel acquired 5,000 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were acquired at an average price of C$4.41 per share, with a total value of C$22,050.00. Following the completion of the transaction, the insider now directly owns 19,101 shares in the company, valued at approximately C$84,235.41.

TSE GSC traded up C$0.14 during trading on Friday, reaching C$4.64. 26,400 shares of the company’s stock were exchanged, compared to its average volume of 32,279. Golden Star Resources Ltd. has a fifty-two week low of C$3.24 and a fifty-two week high of C$6.22. The firm has a market capitalization of $504.96 million and a PE ratio of -20.35. The company has a current ratio of 1.01, a quick ratio of 0.67 and a debt-to-equity ratio of 246.08.

Golden Star Resources (TSE:GSC) (NYSE:GSS) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.12 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.04 by C$0.08. The business had revenue of C$89.42 million for the quarter. Research analysts anticipate that Golden Star Resources Ltd. will post 0.4290249 EPS for the current year.

Separately, National Bank Financial lowered Golden Star Resources from an “outperform” rating to a “sector perform” rating and set a C$7.00 price objective for the company. in a research report on Friday, March 29th.

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Golden Star Resources Company Profile

Golden Star Resources Ltd. operates as a gold mining and exploration company. The company owns and operates the Wassa open-pit gold mine, the Wassa underground mine, and a carbon-in-leach processing plant located to the northeast of the town of Tarkwa, Ghana; and the Bogoso gold mining and processing operation, the Prestea open-pit mining operations, and the Prestea underground mine located near the town of Prestea, Ghana.

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