Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Time to Buy?

Northern Star Resources Limited (OTCMKTS:NESRFGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $16.20, but opened at $17.65. Northern Star Resources shares last traded at $16.40, with a volume of 818 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Northern Star Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on NESRF

Northern Star Resources Price Performance

The firm has a 50-day moving average of $14.36 and a 200-day moving average of $15.98.

About Northern Star Resources

(Get Free Report)

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.

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