Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Should You Buy?

Northern Star Resources Limited (OTCMKTS:NESRF) shares gapped up prior to trading on Monday. The stock had previously closed at $15.54, but opened at $16.49. Northern Star Resources shares last traded at $15.2990, with a volume of 6,765 shares.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Northern Star Resources from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Northern Star Resources Price Performance

The firm has a 50-day moving average of $15.75 and a two-hundred day moving average of $15.15.

Northern Star Resources Company Profile

Northern Star Resources Ltd. is an Australian gold mining company engaged in the exploration, development and production of gold. The company operates a portfolio of mines and processing facilities in Australia and North America, producing gold doré and concentrate for sale to refiners and other customers.

Its principal Australian assets include the Kalgoorlie Consolidated Gold Mines (KCGM) operation in Western Australia and the Yandal and Kalgoorlie regions. In North America, Northern Star operates the Pogo underground gold mine in Alaska and the Brucejack underground mine in British Columbia, Canada.