Let’s start up with the current stock price of Golden Star Resources Ltd. (GSS), which is $3.39 to be very precise. The Stock rose vividly during the last session to $3.49 after opening rate of $3.17 while the lowest price it went was recorded $3.16 before closing at $3.10.
Recently in News on March 31, 2021, Golden Star Announces Changes to Board of Directors at the 2021 Annual General Meeting of Shareholders. Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) (“Golden Star” or the “Company”) is pleased to announce that Karen Akiwumi-Tanoh and Gerard De Hert will be put forward for election as directors of the Company at the forthcoming annual general meeting of Golden Star shareholders on 6 May, 2021 (the “AGM”). In further changes to the Company’s board of directors (the “Board”), Robert Doyle will not be standing for re-election at the AGM. Mr. Doyle’s retirement is in line with Golden Star’s Board mandate of a maximum term limit of 10 years for directors. Current board member, Mona Quartey, will replace Mr. Doyle as chair of the audit committee of the Board. You can read further details here
Golden Star Resources Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.04 on 02/10/21, with the lowest value was $2.93 for the same time period, recorded on 03/31/21.
Golden Star Resources Ltd. (GSS) full year performance was 30.38%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Golden Star Resources Ltd. shares are logging -34.79% during the 52-week period from high price, and 56.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.17 and $5.20.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1495842 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Golden Star Resources Ltd. (GSS) recorded performance in the market was -8.63%, having the revenues showcasing -6.35% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 471.31M, as it employees total of 652 workers.
Analysts verdict on Golden Star Resources Ltd. (GSS)
During the last month, 0 analysts gave the Golden Star Resources Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.57, with a change in the price was noted -0.43. In a similar fashion, Golden Star Resources Ltd. posted a movement of -11.26% for the period of last 100 days, recording 526,682 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GSS is recording 17.92 at the time of this writing. In addition, long term Debt to Equity ratio is set at 9.44.
Golden Star Resources Ltd. (GSS): Technical Analysis
Raw Stochastic average of Golden Star Resources Ltd. in the period of last 50 days is set at 41.44%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 75.41%. In the last 20 days, the company’s Stochastic %K was 49.09% and its Stochastic %D was recorded 41.71%.
Let’s take a glance in the erstwhile performances of Golden Star Resources Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.63%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -24.16%, alongside a boost of 30.38% for the period of the last 12 months. The shares increased approximately by 4.95% in the 7-day charts and went down by 7.96% in the period of the last 30 days. Common stock shares were lifted by -6.35% during last recorded quarter.