Boston, MA 06/18/2013 (wallstreetpr) – The share prices of Golden Star Resources Ltd USA (NYSEMKT:GSS) had declined by 7.31 percent to close at $0.501 per share for the end of last trading session on Monday. The shares of the company had been trading in the range of $0.50 to $0.55 per share during the day, thereby plunging to new bottoms. The shares of Golden Star Resources Ltd USA (NYSEMKT:GSS) had thus readjusted the 52 week low price level to $0.50 per share and 52 week high price level is at $2.11 per share.
Golden Star Resources Ltd USA (NYSEMKT:GSS) is primarily engaged in mining, exploration and production of gold in Ghana, West Africa. The international gold mining company further conducts gold exploration activities in other countries of West Africa and South America. Golden Star Resources Ltd USA (NYSEMKT:GSS) owns controlling interests in several mining properties located in Southwest Ghana. In addition, Golden Star Resources Ltd USA (NYSEMKT:GSS) owns and operates the Bogoso / Prestea gold mining and processing operations through its 90 percent owned subsidiary Golden Star (Bogoso / Prestea) Ltd.
The shares of Golden Star Resources Ltd USA (NYSEMKT:GSS) had witnessed heavy trading volume at 3.17 million shares on the last trading session on Monday, while the average trading volume of the gold mining company is at 2.96 million shares per day. The company had recently been trading at new low levels with higher than average trading volumes.
Golden Star Resources Ltd USA (NYSEMKT:GSS) presently holds 259.11 million shares outstanding in the market with an institutional ownership at 61 percent of the holdings.
