$1.98
-0.05 (-2.46%)
Golden Star Resources Ltd. (USA) (AMEX:GSS)
CAPS Rating:
An international gold mining and exploration company producing gold in Ghana, West Africa.
An international gold mining and exploration company producing gold in Ghana, West Africa.
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Recs
This company has been hurt by poor management and failures to meet quotas as well as a basic dislike from the goldbugs because of some of its business practices. But with new leadership at the helm and the mine now operating at quota, the companies fundamentals should be turning around. Coupled with the recent rapid increases in gold prices, a small mining company like this will benefit significantly, although usually a bit later than the big miners which have already begun their moves up.