Northern Star Resources (OTCMKTS:NESRF) Shares Down 6.4% – Should You Sell?

Shares of Northern Star Resources Limited (OTCMKTS:NESRFGet Free Report) were down 6.4% on Thursday . The stock traded as low as $15.58 and last traded at $15.58. Approximately 3,330 shares changed hands during trading, a decline of 87% from the average daily volume of 25,081 shares. The stock had previously closed at $16.65.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Northern Star Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Report on Northern Star Resources

Northern Star Resources Stock Up 1.0%

The stock has a 50-day simple moving average of $15.42 and a 200 day simple moving average of $15.56.

Northern Star Resources Company Profile

(Get Free Report)

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.

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