Monday, September 02, 2019 6:20:49 PM
GSS INVESTMENT HIGHLIGHTS:
*Established gold miner with significant underground mines in Ghana, West Africa.
*Gold Revenue for Q2 2019 totaled $61.9 million
*Cash Position = $66.2 million as of June 30, 2019
*Key management changes announced with new CEO and new COO
*Production Guidance of 190,000 - 205,000 ounces for 2019
*Signed commitment letter with Macquarie Bank for $60 million to refinance specific debt facilities
Background:
Golden Star is an established gold mining company with two producing mines on the prolific Ashanti Gold Belt in Ghana. As the winner of the PDAC 2018 Environmental and Social Responsibility Award, Golden Star is committed to leaving a positive and sustainable legacy in its areas of operation.
Market Capitalization: $350 million
Current Price: $3.00
YTD H-L: $2.43 - $4.97
Symbol: GSS - NYSE American
Website: www.gsr.com
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