Northern Star Resources (OTCMKTS:NESRF) Trading Up 0.9% – Still a Buy?

Northern Star Resources Limited (OTCMKTS:NESRF) was up 0.9% during trading on Wednesday . The company traded as high as $15.5150 and last traded at $15.51. Approximately 4,053 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 29,985 shares. The stock had previously closed at $15.3790.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Northern Star Resources in a research report on Monday, February 16th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Northern Star Resources Price Performance

The company has a 50-day simple moving average of $15.74 and a 200 day simple moving average of $17.28.

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.