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Northern Star Resources Boosts Mineral Resources and Ore Reserves

Story Highlights
  • Northern Star Resources reports a significant increase in Mineral Resources and Ore Reserves.
  • The company’s exploration success strengthens its industry position and future growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

Northern Star Resources Ltd has reported a substantial increase in its Mineral Resources and Ore Reserves for the year ending March 31, 2025. The company’s Mineral Resources have risen to 70.7 million ounces, and Ore Reserves have increased to 22.3 million ounces, driven by successful exploration efforts, particularly at the Kalgoorlie and Jundee sites. The update highlights the company’s ability to enhance its gold inventory and extend mine life, positioning it strongly within the industry. However, the Hemi Project, acquired from De Grey Mining Ltd, is not yet included in these figures, indicating potential future growth.

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 exploration and production. The company operates across tier-1 locations, with significant assets in Australia and Alaska, and is known for its strategic acquisitions and exploration success.

Average Trading Volume: 7,178,376

Technical Sentiment Signal: Buy

Current Market Cap: A$27.43B

For a thorough assessment of NST stock, go to TipRanks’ Stock Analysis page.

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