In a report released on August 29, Alex Barkley from RBC Capital maintained a Buy rating on Northern Star Resources Ltd (NESRF – Research Report), with a price target of A$10.50. The company’s shares closed yesterday at $5.29.
Barkley covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, St. Barbara Ltd., and Northern Star Resources Ltd. According to TipRanks, Barkley has an average return of -1.7% and a 50.00% success rate on recommended stocks.
Northern Star Resources Ltd has an analyst consensus of Strong Buy, with a price target consensus of $7.37, which is a 39.21% upside from current levels. In a report released on August 30, Credit Suisse also maintained a Buy rating on the stock with a A$9.00 price target.
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Based on Northern Star Resources Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NESRF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Northern Star Resources Ltd. is a gold producer and exploration company. It operates through the following segments: Pogo, Kalgoorlie Operations, Jundee, and Exploration. The company founded in May 2000 and is headquartered in Subiaco, Australia.
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