Nysemkt (GSS) Given Average Recommendation of “Buy” by Analysts

Nysemkt (NYSEMKT:GSS) (TSE:GSC) has been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $1.22.

A number of equities research analysts recently weighed in on GSS shares. Zacks Investment Research raised shares of Nysemkt from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a research report on Monday, October 23rd. Desjardins started coverage on shares of Nysemkt in a research report on Friday, September 29th. They set a “buy” rating for the company. ValuEngine raised shares of Nysemkt from a “hold” rating to a “buy” rating in a research report on Friday, October 6th. BidaskClub raised shares of Nysemkt from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. Finally, Scotiabank set a $1.00 price objective on shares of Nysemkt and gave the company a “sector perform” rating in a research report on Saturday, September 23rd.

Nysemkt (GSS) traded up $0.00 on Thursday, hitting $0.80. 1,150,000 shares of the stock traded hands, compared to its average volume of 1,570,000. Nysemkt has a one year low of $0.59 and a one year high of $1.01.

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Large investors have recently modified their holdings of the company. Franklin Resources Inc. lifted its stake in Nysemkt by 10.4% during the second quarter. Franklin Resources Inc. now owns 21,641,667 shares of the mining company’s stock valued at $14,069,000 after purchasing an additional 2,035,000 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Nysemkt by 642.6% during the second quarter. Goldman Sachs Group Inc. now owns 2,079,046 shares of the mining company’s stock valued at $1,352,000 after purchasing an additional 1,799,086 shares during the last quarter. GSA Capital Partners LLP lifted its stake in Nysemkt by 337.5% during the second quarter. GSA Capital Partners LLP now owns 2,115,900 shares of the mining company’s stock valued at $1,376,000 after purchasing an additional 1,632,300 shares during the last quarter. AGF Investments Inc. acquired a new stake in Nysemkt during the second quarter valued at approximately $966,000. Finally, Intact Investment Management Inc. lifted its stake in Nysemkt by 32.8% during the second quarter. Intact Investment Management Inc. now owns 5,089,900 shares of the mining company’s stock valued at $4,326,000 after purchasing an additional 1,255,900 shares during the last quarter.

About Nysemkt

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).

Analyst Recommendations for Nysemkt (NYSEMKT:GSS)

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