GLNS (Golden Star Resources) Momentum Rank : 0 (As of Apr. 18, 2025)

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What is Golden Star Resources Momentum Rank?

Golden Star Resources has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Golden Star Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Star Resources Corp (OTCPK:GLNS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300- 500 North Rainbow Boulevard, Las Vegas, NV, USA, 89107

Website

http://www.goldenstarresourcecorp.com

Golden Star Resources Corp is an exploration stage corporation engaged in the search for mineral deposits or reserves. The company has a exploration project in Churchill county, Nevada. The project is in the vicinity of the Bell Mountain Mining Project which lies along the Eastern margin of the Walker Lane mineral belt which contains a number of past-producing gold-silver deposits.

Executives

Kathrine Macdonald	10 percent owner	885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
Marilyn Miller	10 percent owner	3390 TOOPAL DRIVE, OCEANSIDE CA 92058

Golden Star Resources Headlines

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