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

Northern Star Resources Limited (OTCMKTS:NESRF) shares gapped down before the market opened on Friday. The stock had previously closed at $17.8323, but opened at $17.0450. Northern Star Resources shares last traded at $17.0450, with a volume of 243 shares changing hands.

Analyst Upgrades and Downgrades

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

Northern Star Resources Price Performance

The company has a fifty day moving average price of $16.80 and a 200-day moving average price of $16.24.

About Northern Star Resources

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.