Northern Star Resources (OTCMKTS:NESRF) Shares Down 7.9% – Here’s What Happened

Shares of Northern Star Resources Limited (OTCMKTS:NESRFGet Free Report) fell 7.9% during mid-day trading on Friday . The company traded as low as $16.27 and last traded at $16.34. 37,168 shares traded hands during mid-day trading, an increase of 182% from the average session volume of 13,186 shares. The stock had previously closed at $17.75.

Northern Star Resources Trading Down 7.9%

The company has a fifty day moving average of $17.09 and a 200-day moving average of $14.49.

About Northern Star Resources

(Get Free Report)

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.

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