Northern Star Resources Limited (OTCMKTS:NESRF – Get Free Report)’s share price crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $16.80 and traded as low as $16.73. Northern Star Resources shares last traded at $16.73, with a volume of 3,646 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Northern Star Resources from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 15th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Northern Star Resources
Northern Star Resources Trading Down 2.8%
The firm has a 50-day moving average of $16.80 and a 200 day moving average of $16.22.
About Northern Star Resources
Northern Star Resources is an Australian gold mining company involved in the exploration, development, mining and processing of gold deposits. Its operations produce gold doré, which is refined into marketable gold products. The company operates across Western Australia and Alaska. Its Australian assets include operations in the Kalgoorlie and Yandal regions, while its Pogo operation is located in Alaska. Founded in 2000, Northern Star has expanded its business through the development and acquisition of gold assets.
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