Is Golden Star Resources, Ltd. (NYSE:GSS) a Good Investment?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Golden Star Resources, Ltd. (NYSE:GSS) for the period of 9-Day stands at 84.39% while the stochastic %D for the same period stands at 70.35%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Golden Star Resources, Ltd. (NYSE:GSS) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Golden Star Resources, Ltd. (NYSE:GSS) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Golden Star Resources, Ltd. (NYSE:GSS)’s 20-Day Bollinger Band indicates “Buy”.

About Company

GOLDEN STAR RES is an un-hedged gold producer they own the Wassa gold project in Ghana and control a number of gold exploration properties in West Africa. The Company is well funded and has strong, operational focused management experienced in West Africa.  The Company has become a producing gold company by consolidating a long-lived production base at Bogoso/Prestea in Ghana. Going forward, the Company will continue to focus on growing its gold business.

Previous Day Activity Analysis

On the last trading day, Golden Star Resources, Ltd. (NYSE:GSS) opened the session at $0.8 and after going up 1.99% closed at $0.8. The stock gained 0 points in the last trade.

Golden Star Resources, Ltd. (NYSE:GSS)’s stock fluctuated in the range of $0.780 and $0.810 during the previous active session. Golden Star Resources, Ltd. (NYSE:GSS) traded with the volume of 1.28 Million with average volume of 1.53 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at -0.88 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.03 and 66.13 respectively.

Currently the Insider Ownership of the shares of Golden Star Resources, Ltd. (NYSE:GSS) is at 23.69% and the shares outstanding are 509.83 Million.

Important Ratio Analysis

Some important ratios to consider here for Golden Star Resources, Ltd. (NYSE:GSS) are discussed below:

Dividend yield of Golden Star Resources, Ltd. (NYSE:GSS) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 5.54.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 1.61 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 15.82 and 6.22 correspondingly.

The Quick Ratio of Golden Star Resources, Ltd. (NYSE:GSS) stands at 0.3 while the Current Ratio depicts the value of 0.6.

Return on Assets ROA of Golden Star Resources, Ltd. (NYSE:GSS) is at -1.8% whereas, Return on Equity ROE and Return of Investment ROI of Golden Star Resources, Ltd. (NYSE:GSS) stand at 16.5% and -50.9% respectively.

Stock Performance Analysis

The stock performance of Golden Star Resources, Ltd. (NYSE:GSS) on the basis of 5 day trade show the jump of 6.41% whereas, the monthly performance of the stock shows increase of 8.8%.

The quarterly performance of the stock remained in green zone with the value of 20.59% while six month performance of the shares of Golden Star Resources, Ltd. (NYSE:GSS) remained bearish with the count of -3.43%.

The yearly and YTD performance of Golden Star Resources, Ltd. (NYSE:GSS) remained up at 2.36% and 7.78% respectively.