Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Should You Buy?

Northern Star Resources Limited (OTCMKTS:NESRF)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $17.2110, but opened at $17.90. Northern Star Resources shares last traded at $17.90, with a volume of 1,024 shares.

Analysts Set New Price Targets

Separately, Zacks Research upgraded 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Northern Star Resources Stock Down 4.9%

The company’s fifty day moving average is $16.44 and its two-hundred day moving average is $15.31.

About Northern Star Resources

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.