Northern Star Resources (OTCMKTS:NESRF) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Northern Star Resources (OTCMKTS:NESRF) to a hold rating in a report published on Thursday morning,Zacks.com reports.

Separately, Jefferies Financial Group restated a “buy” rating on shares of Northern Star Resources in a research note on Monday, February 16th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Northern Star Resources presently has a consensus rating of “Moderate Buy”.

Northern Star Resources Trading Down 1.0%

Shares of Northern Star Resources stock opened at $13.41 on Thursday. The business has a 50-day moving average price of $15.19 and a two-hundred day moving average price of $17.22. Northern Star Resources has a 1-year low of $9.80 and a 1-year high of $22.99.

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.