In a report released on April 18, Tim McCormack from Canaccord Genuity maintained a Buy rating on Northern Star Resources Ltd (NESRF – Research Report), with a price target of A$19.25. The company’s shares closed last Thursday at $9.58.
McCormack covers the Basic Materials sector, focusing on stocks such as Regis Resources Limited, Northern Star Resources Ltd, and Gold Road Resources Ltd. According to TipRanks, McCormack has an average return of 12.1% and a 59.31% success rate on recommended stocks.
In addition to Canaccord Genuity, Northern Star Resources Ltd also received a Buy from RBC Capital’s Alex Barkley in a report issued on April 15. However, on April 5, J.P. Morgan maintained a Hold rating on Northern Star Resources Ltd (Other OTC: NESRF).
NESRF market cap is currently $11.49B and has a P/E ratio of 23.07.
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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.
