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Northern Star Resources Ltd ( (AU:NST) ) has provided an update.
Northern Star Resources Ltd reported a solid performance for the fiscal year 2024/25, achieving gold sales of 1.634 million ounces, albeit slightly below original guidance due to geotechnical challenges. The company saw a 59% increase in cash earnings to A$2.9 billion and a 37% rise in dividends per share, reflecting robust cash generation. A key highlight was the acquisition of De Grey Mining Ltd, positioning Northern Star for long-term success with the Hemi Development Project. The company also made significant progress on the KCGM Mill Expansion Project and clean energy initiatives, underscoring its commitment to growth and sustainability.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$35.00 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 gold mining industry, focusing on the exploration, development, and operation of gold mines. The company is known for its significant projects and operations in world-class jurisdictions, with a strong emphasis on sustainable practices and stakeholder engagement.
Average Trading Volume: 7,850,741
Technical Sentiment Signal: Buy
Current Market Cap: A$37.89B
For detailed information about NST stock, go to TipRanks’ Stock Analysis page.