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Jefferies Sticks to Its Buy Rating for Northern Star Resources Ltd (NESRF)
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Jefferies Sticks to Its Buy Rating for Northern Star Resources Ltd (NESRF)

Jefferies analyst Mitch Ryan maintained a Buy rating on Northern Star Resources Ltd (NESRFResearch Report) yesterday and set a price target of A$14.00. The company’s shares closed last Friday at $9.13.

Ryan covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Allkem Limited, and Pilbara Minerals Limited. According to TipRanks, Ryan has an average return of 14.5% and a 66.67% success rate on recommended stocks.

Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $8.71.

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NESRF market cap is currently $10.7B and has a P/E ratio of 26.73.

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Northern Star Resources Ltd (NESRF) Company Description:

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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