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Northern Star Resources Ltd ( (AU:NST) ) has shared an announcement.
Northern Star Resources Ltd reported strong operational performance for the December 2024 quarter, with gold sales totaling 410,249 ounces at an all-in sustaining cost of A$2,128 per ounce. The company is on track to meet its FY25 guidance, driven by robust mine cash flow and higher gold prices. Key developments include the completion of the East Wall remediation and ongoing progress on the KCGM Mill Expansion project. The company also announced its planned acquisition of De Grey, aiming to add a new low-cost production center, which aligns with its strategy for superior shareholder returns.
More about Northern Star Resources Ltd
Northern Star Resources Ltd is a gold mining company that primarily focuses on exploration, development, mining, and sale of gold. It operates several production centers, including Kalgoorlie, Yandal, and Pogo, and is involved in major projects like the KCGM Mill Expansion to enhance its production capabilities.
YTD Price Performance: 7.55%
Average Trading Volume: 4,070
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.4B
Find detailed analytics on NST stock on TipRanks’ Stock Analysis page.
