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Northern Star Resources Expands Resource Base with Strategic Acquisition

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Northern Star Resources Expands Resource Base with Strategic Acquisition

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

Northern Star Resources Ltd has updated its Ore Reserves and Mineral Resources estimates following the acquisition of De Grey Mining Limited. This strategic move has resulted in material changes to its holdings, particularly benefiting the Hemi development project. The company maintains that all material assumptions and technical parameters underpinning these estimates remain unchanged, ensuring stability in its production targets and operational strategies.

The most recent analyst rating on (AU:NST) stock is a Buy with a A$17.00 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 operates in the gold mining industry, focusing on the exploration, development, and production of gold. The company is known for its significant operations in Australia and has recently expanded its portfolio through the acquisition of De Grey Mining Limited, enhancing its resource base and market positioning.

Average Trading Volume: 7,198,497

Technical Sentiment Signal: Hold

Current Market Cap: A$21.84B

See more insights into NST stock on TipRanks’ Stock Analysis page.

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