Northern Star Resources (OTCMKTS:NESRF) Rating Increased to Hold at Zacks Research

Northern Star Resources (OTCMKTS:NESRF) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, Jefferies Financial Group restated a “buy” rating on shares of Northern Star Resources in a research report on Monday, February 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Northern Star Resources presently has an average rating of “Moderate Buy”.

Northern Star Resources Trading Down 1.0%

Shares of NESRF opened at $13.41 on Thursday. The firm has a 50-day moving average price of $15.19 and a 200 day moving average price of $17.22. Northern Star Resources has a 52-week low of $9.80 and a 52-week high of $22.99.

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.