Golden Star Resources

GSC-T

TSE:GSC

3.80
0.19 (4.76%)
Golden Star Resources Ltd, is a mid-tier Canadian gold mining company, with two producing gold mines in Ghana, West Africa. It has total historical production of over four million ounces of gold.
More at Wikipedia

Analysis and Opinions about GSC-T

Signal
Opinion
Expert
COMMENT
COMMENT
June 28, 2016

This company has some knocks against it. They had a lot of difficulties with the gold price being down. They always have trouble making money. Royal Gold made a royalty agreement and are giving them $130 million, but of course there is a whole payback with that, which will depress their earnings. He can see this going up $1.25.

Show full opinionHide full opinion

This company has some knocks against it. They had a lot of difficulties with the gold price being down. They always have trouble making money. Royal Gold made a royalty agreement and are giving them $130 million, but of course there is a whole payback with that, which will depress their earnings. He can see this going up $1.25.

HOLD
HOLD
June 10, 2013

(Market Call Minute) Watches it. They have challenges. Looked at shutting down high cost operations.

Show full opinionHide full opinion

(Market Call Minute) Watches it. They have challenges. Looked at shutting down high cost operations.

PAST TOP PICK
PAST TOP PICK
April 28, 2011
(A Top Pick May 26/10. Down 32.81%.) Sold at $4.50 so was flat on this trade.
Show full opinionHide full opinion
(A Top Pick May 26/10. Down 32.81%.) Sold at $4.50 so was flat on this trade.
PAST TOP PICK
PAST TOP PICK
December 9, 2010
(A top Pick Nov 17/09. Up 16%.) Sold his holdings for better opportunities.
Show full opinionHide full opinion
(A top Pick Nov 17/09. Up 16%.) Sold his holdings for better opportunities.
TOP PICK
TOP PICK
May 26, 2010
Gold in Ghana. Several operational problems over the last few years so has been in the doghouse. High cost producer at about $650 so are currently generating about $500 in cash flow with minimal capital spending. Ploughing this free cash flow into the ground for the first time to develop more resources.
Show full opinionHide full opinion
Gold in Ghana. Several operational problems over the last few years so has been in the doghouse. High cost producer at about $650 so are currently generating about $500 in cash flow with minimal capital spending. Ploughing this free cash flow into the ground for the first time to develop more resources.
TOP PICK
TOP PICK
November 17, 2009
Producing about 400,000 ounces of gold in Ghana and have about $.9 billion. Trades at about 5.5X cash flow. Cheap at 16.8X PE for 2010. 46% earnings growth forecast for 2011.
Show full opinionHide full opinion
Producing about 400,000 ounces of gold in Ghana and have about $.9 billion. Trades at about 5.5X cash flow. Cheap at 16.8X PE for 2010. 46% earnings growth forecast for 2011.
PAST TOP PICK
PAST TOP PICK
March 17, 2008
(Top pick, March 12, 2007. Down 15%) They’ve had nothing but problems coming from their mines. Very, very cheap, new CEO, good production, great take over target. Would rather buy a stock that doesn’t disappoint.
Show full opinionHide full opinion
(Top pick, March 12, 2007. Down 15%) They’ve had nothing but problems coming from their mines. Very, very cheap, new CEO, good production, great take over target. Would rather buy a stock that doesn’t disappoint.
PAST TOP PICK
PAST TOP PICK
November 26, 2007
(A Top Pick March 7/07. Down 33.3%.) Issued a convertible debenture, which kneecapped the stock. He sold his holdings before this happened when it was clear they were running out of money.
Show full opinionHide full opinion
(A Top Pick March 7/07. Down 33.3%.) Issued a convertible debenture, which kneecapped the stock. He sold his holdings before this happened when it was clear they were running out of money.
BUY
BUY
October 22, 2007
Has underperformed. Had fiscal and production issues, but the worst is behind them. Expects it will be acquired.
Show full opinionHide full opinion
Has underperformed. Had fiscal and production issues, but the worst is behind them. Expects it will be acquired.
DON'T BUY
DON'T BUY
September 6, 2007
Chang in management caused the last dip. Projects are located in Ghana, which doesn't have a developed infrastructure creating a lot of power interruptions. Also a lot of metallurgical problems. Would look elsewhere.
Show full opinionHide full opinion
Chang in management caused the last dip. Projects are located in Ghana, which doesn't have a developed infrastructure creating a lot of power interruptions. Also a lot of metallurgical problems. Would look elsewhere.
HOLD
HOLD
July 5, 2007
Very cheap. Have solved a lot of their problems. Could be a takeout.
Show full opinionHide full opinion
Very cheap. Have solved a lot of their problems. Could be a takeout.
BUY WEAKNESS
BUY WEAKNESS
May 11, 2007
Finally seems to be making a turnaround on the corporate side. Had a nice pop and has come off. Stock is starting to show some relative strength. Need to go a couple of more quarters to get the analytical community to see that they have their act together.
Show full opinionHide full opinion
Finally seems to be making a turnaround on the corporate side. Had a nice pop and has come off. Stock is starting to show some relative strength. Need to go a couple of more quarters to get the analytical community to see that they have their act together.
TOP PICK
TOP PICK
March 12, 2007
Had some production issues a few years ago and the stock disappointed. Have solved their power problems, but the stock is still very cheap. You can get about 400,000 oz. of production for about a 1 billion market cap, so can see it being a takeout.
Show full opinionHide full opinion
Had some production issues a few years ago and the stock disappointed. Have solved their power problems, but the stock is still very cheap. You can get about 400,000 oz. of production for about a 1 billion market cap, so can see it being a takeout.
DON'T BUY
DON'T BUY
November 27, 2006
Has not participated in a big way in the last 12-24 months because management has not done that well. A merger candidate but there won't be much premium.
Show full opinionHide full opinion
Has not participated in a big way in the last 12-24 months because management has not done that well. A merger candidate but there won't be much premium.
DON'T BUY
DON'T BUY
August 4, 2006
During the past year, there were a lot of tops that kept getting lower and lower. This is not been a favourite of his. It needs to bust out on the upside with good volume.
Show full opinionHide full opinion
During the past year, there were a lot of tops that kept getting lower and lower. This is not been a favourite of his. It needs to bust out on the upside with good volume.
Showing 1 to 15 of 34 entries

Golden Star Resources(GSC-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Golden Star Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Golden Star Resources(GSC-T) Frequently Asked Questions

What is Golden Star Resources stock symbol?

Golden Star Resources is a Canadian stock, trading under the symbol GSC-T on the Toronto Stock Exchange (GSC-CT). It is usually referred to as TSX:GSC or GSC-T

Is Golden Star Resources a buy or a sell?

In the last year, there was no coverage of Golden Star Resources published on Stockchase.

Is Golden Star Resources a good investment or a top pick?

Golden Star Resources was recommended as a Top Pick by Benj Gallander on 2016-06-28. Read the latest stock experts ratings for Golden Star Resources.

Why is Golden Star Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Golden Star Resources worth watching?

0 stock analyst on Stockchase covered Golden Star Resources In the last year. It is a trending stock that is worth watching.

What is Golden Star Resources stock price?

On 2020-02-21, Golden Star Resources (GSC-T) stock closed at a price of $3.8.