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Golden Star: 4Q Earnings Snapshot

TORONTO (AP) _ Golden Star Resources Ltd. (GSS) on Tuesday reported a fourth-quarter loss of $9.3 million, after reporting a profit in the same period a year earlier.

The Toronto-based company said it had a loss of 9 cents per share. Losses, adjusted for non-recurring costs, came to 5 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The gold mining company posted revenue of $57.3 million in the period.

For the year, the company reported a loss of $18.1 million, or 21 cents per share, swinging to a loss in the period. Revenue was reported as $273 million.

The company's shares closed at $4.14. A year ago, they were trading at $3.65.


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