Canaccord Adams Upgrades Golden Star Resources, Ltd. (GSS) to Buy
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Canaccord Adams upgrades Golden Star Resources, Ltd. (NYSE: GSS) from Hold to Buy and raises their price target from $1.65 to $3.10, after announcing an update on its power cost reductions in Ghana.
The firm notes, "Lower power costs improve Golden Star’s operating fundamentals and allow us to have greater conviction in target price setting."
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