U.S. Markets open in 8 hrs 52 mins

Golden Star: 1Q Earnings Snapshot

TORONTO (AP) _ Golden Star Resources Ltd. (GSS) on Wednesday reported a first-quarter loss of $1.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The gold mining company posted revenue of $67.3 million in the period.

The company's shares closed at $3.97. A year ago, they were trading at $3.46.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSS at https://www.zacks.com/ap/GSS