Golden Star Resources (GSC) Scheduled to Post Quarterly Earnings on Wednesday

Golden Star Resources (TSE:GSC) (NYSE:GSS) is set to release its earnings data after the market closes on Wednesday, October 31st. Analysts expect Golden Star Resources to post earnings of C($0.01) per share for the quarter.

Golden Star Resources (TSE:GSC) (NYSE:GSS) last announced its quarterly earnings data on Wednesday, August 1st. The company reported C$0.01 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.03 by C($0.02). Golden Star Resources had a net margin of 15.61% and a return on equity of 1,299.50%. The firm had revenue of C$99.53 million during the quarter.

Shares of TSE:GSC opened at C$0.96 on Monday. Golden Star Resources has a 52 week low of C$0.70 and a 52 week high of C$1.17.

In related news, Director Samuel Theodorus Coetzer bought 43,500 shares of the stock in a transaction dated Friday, August 3rd. The stock was acquired at an average price of C$0.93 per share, for a total transaction of C$40,455.00. Also, insider Martin Philip Raffield bought 42,249 shares of the stock in a transaction dated Monday, August 6th. The stock was bought at an average price of C$0.73 per share, with a total value of C$30,841.77. Over the last three months, insiders acquired 141,655 shares of company stock worth $112,626.

Separately, Desjardins dropped their price objective on shares of Golden Star Resources from C$1.65 to C$1.60 in a research report on Tuesday, August 7th.

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 Bogoso gold mining and processing operation, Prestea open-pit mining operations, and the Prestea underground development project located near the town of Prestea, Ghana.

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Earnings History for Golden Star Resources (TSE:GSC)

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