Zacks Research Upgrades Northern Star Resources (OTCMKTS:NESRF) to “Hold”

Northern Star Resources (OTCMKTS:NESRF) was upgraded by Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Northern Star Resources in a research note on Monday, February 16th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Northern Star Resources has an average rating of “Moderate Buy”.

Northern Star Resources Trading Down 1.0%

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

About Northern Star Resources

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.