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Northern Star Resources Ltd ( (AU:NST) ) has provided an update.
Northern Star Resources Ltd has successfully acquired 100% of the ordinary shares in De Grey Mining Ltd through a Scheme of Arrangement, with the Australian Taxation Office issuing a Class Ruling on the tax implications for shareholders involved. This ruling provides clarity on the income tax and capital gains tax considerations for De Grey shareholders who exchanged their shares for Northern Star shares, potentially impacting their financial and tax planning strategies.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
More about Northern Star Resources Ltd
Northern Star Resources Ltd is a prominent player in the mining industry, primarily focused on gold production and exploration. The company is known for its strategic acquisitions and operations in key mining regions, positioning itself as a significant entity in the global gold market.
Average Trading Volume: 8,102,482
Technical Sentiment Signal: Buy
Current Market Cap: A$29.52B
For detailed information about NST stock, go to TipRanks’ Stock Analysis page.