tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Northern Star Details Timing and Impact of Operational Setbacks in Response to ASX Query

Story Highlights
  • Northern Star says it learned on 1 January that weaker December-quarter operations and lower gold sales across all sites were likely to force a downgrade to its annual production guidance.
  • The miner admits cost guidance is expected to be affected but says it still lacks sufficient data to quantify the impact, amid scrutiny over operational issues at KCGM and Thunderbox.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Northern Star Details Timing and Impact of Operational Setbacks in Response to ASX Query

Claim 70% Off TipRanks Premium

Northern Star Resources Ltd ( (AU:NST) ) has shared an update.

Northern Star Resources has responded to an ASX query following its 2 January 2026 operational update, confirming that a downgrade to its production forecast and several operational issues are considered potentially material to its share price. The company said it only became aware on 1 January 2026, after receiving full December quarter data, that softer operational performance, lower-than-expected gold sales across all three production centres and the impact of issues such as an underperforming primary crusher at KCGM and carbon-in-leach failures at Thunderbox were likely to affect its ability to meet annual production guidance. While acknowledging that annual cost guidance is expected to be impacted by the weaker December quarter, Northern Star said it still lacks sufficient information to quantify the effect and will update the market once it can reasonably frame and confirm any material change, underscoring the operational uncertainty and heightened scrutiny of its guidance disclosures.

The most recent analyst rating on (AU:NST) stock is a Buy with a A$31.00 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 an Australian gold mining company operating three main production centres at Kalgoorlie, Yandal and Pogo. The group focuses on large-scale gold production and processing, with performance and guidance closely watched by investors on the ASX due to its significance in the regional and global gold sector.

Average Trading Volume: 5,847,829

Technical Sentiment Signal: Buy

Current Market Cap: A$35.68B

For an in-depth examination of NST stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1