Morgan Stanley analyst Rahul Anand maintained a Buy rating on Northern Star Resources Ltd (NESRF – Research Report) today and set a price target of A$9.05. The company’s shares closed yesterday at $5.31.
Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Northern Star Resources Ltd, and Mineral Resources Limited. According to TipRanks, Anand has an average return of 11.3% and a 49.73% success rate on recommended stocks.
Currently, the analyst consensus on Northern Star Resources Ltd is a Strong Buy with an average price target of $7.25.
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The company has a one-year high of $8.65 and a one-year low of $4.48. Currently, Northern Star Resources Ltd has an average volume of 7,026.
Based on the recent corporate insider activity of 9 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.
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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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