Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Still a Buy?

Northern Star Resources Limited (OTCMKTS:NESRF)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $16.80, but opened at $17.8540. Northern Star Resources shares last traded at $17.8540, with a volume of 1,200 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Northern Star Resources from a “strong sell” rating to a “hold” rating in a research report 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. According to MarketBeat, Northern Star Resources has a consensus rating of “Moderate Buy”.

Northern Star Resources Stock Up 4.7%

The firm’s fifty day moving average is $16.64 and its two-hundred day moving average is $16.26.

Northern Star Resources Company Profile

Northern Star Resources Ltd. is an Australian gold mining company that explores, develops and operates gold-producing assets. The company’s activities include underground and open-pit mining, mineral processing, exploration and related infrastructure development, with gold as its primary product.

Northern Star’s principal operations are located in Western Australia and Alaska. Its Australian assets include the Kalgoorlie Consolidated Gold Mines (KCGM) operation in the Kalgoorlie region and the Yandal operations in the Northern Goldfields.