Northern Star Resources (OTCMKTS:NESRF) Shares Gap Up – Time to Buy?

Northern Star Resources Limited (OTCMKTS:NESRF) shares gapped up before the market opened on Tuesday . The stock had previously closed at $15.65, but opened at $16.30. Northern Star Resources shares last traded at $16.30, with a volume of 2,653 shares traded.

Analyst Ratings Changes

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 research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Northern Star Resources has a consensus rating of “Moderate Buy”.

Northern Star Resources Stock Up 3.4%

The business’s fifty day moving average price is $15.62 and its 200 day moving average price is $15.29.

About Northern Star Resources

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.