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Golden Star Resources Ltd. (TSE:GSC) target price raised to $1.20, reported today by Scotia Capital

Yesterday Golden Star Resources Ltd. (TSE:GSC) traded 2.13% higher at $1.01. The company’s 50-day moving average is $0.91 and its 200-day moving average is $0.95. The last stock close price is up 1.43% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 69,076 shares of the stock were exchanged, down from an average trading volume of 136,410

Golden Star Resources Ltd. (TSE:GSC) had its target bumped up to $1.20 by Scotia Capital in an issued report announced 11/14/2017. The bumped up target suggests a potential upside of 0.19% based on the company's last closing price.

Previously on 09/29/2017, Desjardins Securities reported on Golden Star Resources Ltd. (TSE:GSC) increased the target price from $0.00 to $1.75. At the time, this indicated a possible upside of 0.82%.

See Chart Below

Golden Star Resources Ltd. (TSE:GSC)

Golden Star Resources Ltd. has a 52 week low of $0.76 and a 52 week high of $1.33 The company’s market cap is currently $0.

In addition to Scotia Capital reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is $1.24 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 1 firm rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Golden Star Resources Ltd. (TSE:GSC)

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). The Wassa mine is located in the southwestern region of Ghana approximately 35 kilometers northeast of the town of Tarkwa. The Company, through its subsidiary Golden Star (Bogoso/Prestea) Limited, owns and operates the Bogoso gold mining and processing operations (Bogoso), the Prestea open-pit mining operations and the Prestea underground development project. The Prestea Underground is located 16 kilometers south of the existing Bogoso processing plant. The Company holds interests in various gold exploration projects in Ghana and other parts of West Africa, and in South America the Company holds and manages exploration properties in Brazil.

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