Northern Star Resources (OTCMKTS:NESRF) Shares Gap Down – Time to Sell?

Northern Star Resources Limited (OTCMKTS:NESRF – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $17.9020, but opened at $15.25. Northern Star Resources shares last traded at $17.5930, with a volume of 529 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Northern Star Resources from a “strong sell” rating to a “hold” rating in a research note 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on NESRF

Northern Star Resources Stock Down 0.2%

The company’s 50 day moving average price is $16.73 and its two-hundred day moving average price is $16.28.

Northern Star Resources Company Profile

(Get Free Report)

Northern Star Resources Ltd. is an Australian gold mining company that explores, develops and operates gold-producing assets. The company’s activities include underground and open-pit mining, mineral processing, exploration and related infrastructure development, with gold as its primary product.

Northern Star’s principal operations are located in Western Australia and Alaska. Its Australian assets include the Kalgoorlie Consolidated Gold Mines (KCGM) operation in the Kalgoorlie region and the Yandal operations in the Northern Goldfields.

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