Zacks Research lowered shares of Northern Star Resources (OTCMKTS:NESRF – Free Report) from a hold rating to a strong sell rating in a research note released on Tuesday,Zacks.com reports.
Northern Star Resources Price Performance
Shares of NESRF opened at $13.77 on Tuesday. The firm has a market cap of $19.69 billion and a P/E ratio of 288.40. Northern Star Resources has a 1 year low of $9.80 and a 1 year high of $22.99. The company has a 50 day simple moving average of $14.93 and a two-hundred day simple moving average of $16.80.
About Northern Star Resources
Northern Star Resources (OTCMKTS:NESRF) is an Australian-based gold mining company engaged in the exploration, development, and production of gold through a portfolio of underground and open-pit operations. Headquartered in West Perth, Western Australia, the company focuses on the efficient delivery of ore to onsite processing facilities, employing both conventional and modern mining techniques to optimize recovery and manage operating costs.
The company’s principal operations are located across key gold provinces in Western Australia, including the Kalgoorlie, Kambalda and Jundee regions, as well as the Pogo mine in Alaska, which Northern Star acquired in 2018.
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