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

Northern Star Resources Limited (OTCMKTS:NESRF – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $17.55, but opened at $18.36. Northern Star Resources shares last traded at $17.84, with a volume of 467 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Northern Star Resources from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on NESRF

Northern Star Resources Trading Down 0.4%

The business’s 50-day moving average price is $16.78 and its 200-day moving average price is $16.25.

Northern Star Resources Company Profile

(Get Free Report)

Northern Star Resources is an Australian gold mining company involved in the exploration, development, mining and processing of gold deposits. Its operations produce gold doré, which is refined into marketable gold products. The company operates across Western Australia and Alaska. Its Australian assets include operations in the Kalgoorlie and Yandal regions, while its Pogo operation is located in Alaska. Founded in 2000, Northern Star has expanded its business through the development and acquisition of gold assets.

Recommended Stories

Receive News & Ratings for Northern Star Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Star Resources and related companies with MarketBeat.com's FREE daily email newsletter.