Northern Star Resources (OTCMKTS:NESRF) Stock Price Up 9.3% – Here’s What Happened

Northern Star Resources Limited (OTCMKTS:NESRF – Get Free Report) was up 9.3% during mid-day trading on Friday. The stock traded as high as $18.00 and last traded at $18.00. 5,607 shares were traded during trading, a decline of 77% from the average session volume of 23,909 shares. The stock had previously closed at $16.47.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Northern Star Resources from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on NESRF

Northern Star Resources Stock Performance

The firm’s fifty day moving average price is $15.98 and its 200-day moving average price is $15.12.

Northern Star Resources Company Profile

(Get Free Report)

Northern Star Resources Ltd. is an Australian gold mining company engaged in the exploration, development, operation and production of gold assets. The company produces gold doré and concentrates through underground and open-pit mining operations, along with associated processing and refining activities.

Northern Star’s principal operations are located in Western Australia and Alaska. Its Australian portfolio includes the KCGM operation in the Kalgoorlie region and the Yandal and Thunderbox operations in the northern Goldfields.

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