Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Here’s Why

Northern Star Resources Limited (OTCMKTS:NESRF – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $17.55, but opened at $18.36. Northern Star Resources shares last traded at $17.84, with a volume of 467 shares.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on NESRF

Northern Star Resources Price Performance

The firm’s fifty day moving average price is $16.74 and its two-hundred day moving average price is $16.26.

About Northern Star Resources

(Get Free Report)

Northern Star Resources is an Australian gold mining company involved in the exploration, development, mining and processing of gold deposits. Its operations produce gold doré, which is refined into marketable gold products. The company operates across Western Australia and Alaska. Its Australian assets include operations in the Kalgoorlie and Yandal regions, while its Pogo operation is located in Alaska. Founded in 2000, Northern Star has expanded its business through the development and acquisition of gold assets.

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