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NEW YORK ( TheStreet) -- Golden Star Resources (AMEX: GSS) hit a new 52-week low Friday as it is currently trading at $2.66, below its previous 52-week high of $6.01 with 1.3 million shares traded as of 12:01 p.m. ET. Average volume has been four million shares over the past 30 days. Golden Star has a market cap of $716.2 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 Thursday. 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 S&P 500 P/E ratio of 17.7.