Northern Star Resources (OTCMKTS:NESRF) Shares Gap Down – What’s Next?

Shares of Northern Star Resources Limited (OTCMKTS:NESRF) gapped down before the market opened on Friday . The stock had previously closed at $16.65, but opened at $16.00. Northern Star Resources shares last traded at $16.00, with a volume of 639 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Northern Star Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Northern Star Resources Trading Up 2.5%

The company’s fifty day moving average price is $15.39 and its 200 day moving average price is $15.56.

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.