Golden Star Resources Reports Results for the First Quarter 2021
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Golden Star Resources Ltd. (GSS) Misses Q1 EPS by 9c, Revenues Miss
May 5, 2021 5:56 PM EDTGolden Star Resources Ltd. (NYSE: GSS) reported Q1 EPS of $0.04, $0.09 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $65 million versus the consensus estimate of $73 million.
Andrew Wray, Chief Executive Officer of Golden Star, commented: "Q1 2021 was a steady quarter with the mining rate at approximately 4,500tpd and the grade close to the reserve grade. The group cash position increased to $66.1m at the end of the quarter, as the operating cash flow together with $8.6m of net proceeds from the At The Market equity program during... More
