NEW YORK ( TheStreet) -- Golden Star Resources (AMEX: GSS) hit a new 52-week low Wednesday as it traded at $2.99 compared with its previous 52-Week low of $3.02. Golden Star is changing hands at $3.01 with 2.9 million shares traded as of 1:52 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.

Golden Star has a market cap of $817 million and is part of the basic materials sector and metals & mining industry. Shares are up 43.6% year to date as of the close of trading on Tuesday.

Golden Star Resources Ltd., a gold mining and exploration company, through its subsidiaries, engages in the exploration and production of gold. The company has a P/E ratio of 62.3, above the average metals & mining industry P/E ratio of 26.6 and above the S&P 500 P/E ratio of 21.9.

TheStreet Ratings rates Golden Star as hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Golden Star Ratings Report.

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