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The latest update is out from Northern Star Resources Ltd ( (AU:NST) ).
Northern Star Resources Ltd has announced an update to its previous securities issuance plan, reflecting additional shares proposed to be issued as part of a scheme of arrangement with De Grey Mining Limited. This update involves the issuance and quotation of 6,421,348 fully paid ordinary shares by De Grey, which is expected to impact Northern Star’s operations by potentially increasing its market capitalization and influence in the mining sector.
More about Northern Star Resources Ltd
Northern Star Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and production of gold. The company is known for its strategic acquisitions and development of gold mines, aiming to enhance its market position and shareholder value.
YTD Price Performance: 49.90%
Average Trading Volume: 5,255
Technical Sentiment Signal: Sell
Current Market Cap: $16.41B
For a thorough assessment of NST stock, go to TipRanks’ Stock Analysis page.