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

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

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

Northern Star Resources Stock Performance

Shares of NESRF stock opened at $13.41 on Thursday. Northern Star Resources has a one year low of $9.80 and a one year high of $22.99. The firm’s 50 day moving average price is $15.19 and its 200-day moving average price is $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.