Northern Star Resources (OTCMKTS:NESRF) Trading 0.5% Higher – Still a Buy?

Northern Star Resources Limited (OTCMKTS:NESRF)’s share price was up 0.5% during trading on Tuesday . The company traded as high as $20.64 and last traded at $20.31. Approximately 14,513 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 19,865 shares. The stock had previously closed at $20.20.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating on shares of Northern Star Resources in a research note on Monday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Northern Star Resources Stock Up 0.5%

The business’s fifty day moving average is $18.30 and its two-hundred day moving average is $16.10.

Northern Star Resources Company Profile

Northern Star Resources (OTCMKTS:NESRF) is an Australian-based gold mining company engaged in the exploration, development, and production of gold through a portfolio of underground and open-pit operations. Headquartered in West Perth, Western Australia, the company focuses on the efficient delivery of ore to onsite processing facilities, employing both conventional and modern mining techniques to optimize recovery and manage operating costs.

The company’s principal operations are located across key gold provinces in Western Australia, including the Kalgoorlie, Kambalda and Jundee regions, as well as the Pogo mine in Alaska, which Northern Star acquired in 2018.