|Bid||3.9000 x 0|
|Ask||3.9300 x 0|
|Day's Range||3.8600 - 4.0400|
|52 Week Range||3.2400 - 6.4800|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.87|
GSE: GSR) ("Golden Star" or the "Company") is pleased to report that it has closed the $60 million senior secured credit facility with Macquarie Bank Limited (the "Credit Facility") previously announced in its July 31, 2019 news release. Golden Star has used the proceeds to refinance the Ecobank Loan III, Ecobank Loan IV, and the long-term payable under the Vendor Agreement with Volta River Authority. The Credit Facility is repayable $5 million quarterly, commencing on June 30, 2020.
Those following along with Golden Star Resources Ltd. (TSE:GSC) will no doubt be intrigued by the recent purchase of...
GSE: GSR) ("Golden Star" or the "Company") announces that La Mancha Holding S.àr.l. The Investor Rights Agreement entered into between Golden Star and La Mancha on August 1, 2018 ("the Investor Rights Agreement") in connection with La Mancha's equity investment of US$125.7 million to acquire a 30% stake in Golden Star, restricts La Mancha from acquiring any additional common shares beyond 30% until October 2020 without the prior consent of Golden Star .
GSE: GSR) ("Golden Star" or the "Company") reports that the Company has established a discretionary gold price protection program (the "Hedging Program") to provide gold price protection for the projected production from the Prestea Mine over the next 12 months as the results of the ongoing operational review are implemented at the operation. Zero cost collars, with a $1,400/oz floor and a $1,750/oz ceiling, have been put into place for 50,000 ounces of gold over a 12-month period. The gold hedges, arranged through Macquarie Bank Limited, will mature on a monthly basis at a frequency of approximately 4,167 ounces per month.
Golden Star Announces Drilling Results at its Wassa and Father Brown Deposits Including the Extension of Gold Mineralization at Both Locations
If you're interested in Golden Star Resources Ltd. (TSE:GSC), then you might want to consider its beta (a measure of...
GSE: GSR) ("Golden Star" or the "Company") announces that Daniel Owiredu will be stepping out of the role of Executive Vice President and Chief Operating Officer ("COO") of Golden Star with effect from July 8, 2019 , and will be replaced in that role by Graham Crew . During the transition period until December 31, 2019 , Daniel will take on the role of President of the Company. As of January 1, 2020 , Mr. Owiredu will step down as President and be appointed as Chairman of the Boards of Directors of the Company's subsidiaries, Golden Star (Wassa) Limited and Golden Star (Bogoso/Prestea) Limited.
GSE: GSR) ("Golden Star" or the "Company") announces that it has filed an updated technical report pursuant to National Instrument ("NI") 43-101 for its Wassa Gold Mine in Ghana entitled "NI 43-101 Technical Report on Resources and Reserves, Golden Star Resources, Wassa Gold Mine, Ghana" dated June 20, 2019. This technical report can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.gsr.com.
Golden Star Reports Initial High Grade Extension Drilling Results from Prestea Underground Gold Mine and Project Update