UPDATE: Golden Star Resources Reports Q4 Production; Stock Gains 2%

By Midnight Trader,  January 08, 2013, 11:23:35 AM EDT

Golden Star Resources Ltd. (GSC.TO) has produced and poured 92,614 ounces of gold in the fourth quarter of 2012, of which 87,544 ounces were sold, representing a 31% increase over 70,811 ounces of gold produced in the fourth quarter last year

and a 15% increase over third quarter 2012 gold production of 80,826 ounces.

For 2012, Golden Star produced and poured 336,348 ounces of gold, of which 331,278 ounces were sold, representing a 12% increase over 301,120 ounces produced in 2011.

GSC has gained nearly 2%, reaching $1.71. Volume traded is over 26,000.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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