Northern Star Resources (OTCMKTS:NESRF – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.
Northern Star Resources Stock Down 3.0%
Shares of OTCMKTS NESRF opened at $13.77 on Tuesday. Northern Star Resources has a 52 week low of $9.80 and a 52 week high of $22.99. The stock has a market capitalization of $19.69 billion and a price-to-earnings ratio of 288.40. The firm has a 50-day simple moving average of $14.93 and a 200-day simple moving average of $16.80.
Northern Star Resources Company Profile
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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