Golden Star Resources, Ltd. (GSS) was a big mover last session, as its shares rose over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up almost 89% in the past one month time frame.
Over the last 30 days, this company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Golden Star Resources currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably-ranked mining stock is Sandstorm Gold Ltd. (SAND) carrying the same Zacks Rank as Golden Star Resources.
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