Northern Star Resources (OTCMKTS:NESRF) Shares Gap Down – Here’s What Happened

Northern Star Resources Limited (OTCMKTS:NESRF)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $15.70, but opened at $14.78. Northern Star Resources shares last traded at $14.78, with a volume of 100 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Northern Star Resources from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Northern Star Resources Stock Performance

The business’s 50-day simple moving average is $15.58 and its 200-day simple moving average is $15.32.

Northern Star Resources Company Profile

Northern Star Resources Ltd. is an Australian gold mining company engaged in the exploration, development and production of gold. The company operates a portfolio of mines and processing facilities in Australia and North America, producing gold doré and concentrate for sale to refiners and other customers.

Its principal Australian assets include the Kalgoorlie Consolidated Gold Mines (KCGM) operation in Western Australia and the Yandal and Kalgoorlie regions. In North America, Northern Star operates the Pogo underground gold mine in Alaska and the Brucejack underground mine in British Columbia, Canada.