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Northern Star Resources Ltd
(OTC:NST)
Northern Star Resources Ltd (NST) vs. iShares MSCI Australia ETF (EWA)
Northern Star Resources Ltd Business Overview & Revenue Model
Northern Star Resources Ltd Earnings Call Summary
Northern Star Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.41B | 6.41B | 4.92B | 4.13B | 3.81B | 2.76B |
| Gross Profit | 2.25B | 3.63B | 1.16B | 577.90M | 529.90M | 564.40M |
| EBITDA | 3.37B | 3.43B | 2.17B | 1.97B | 1.78B | 2.27B |
| Net Income | 1.34B | 1.34B | 638.50M | 585.20M | 429.80M | 1.03B |
Balance Sheet | ||||||
| Total Assets | 20.43B | 20.43B | 13.08B | 12.71B | 11.48B | 11.55B |
| Cash, Cash Equivalents and Short-Term Investments | 1.69B | 1.69B | 1.12B | 1.13B | 571.10M | 771.90M |
| Total Debt | 1.71B | 1.71B | 1.34B | 1.32B | 511.50M | 888.10M |
| Total Liabilities | 5.52B | 5.52B | 4.29B | 4.22B | 3.24B | 3.57B |
| Stockholders Equity | 14.92B | 14.92B | 8.79B | 8.48B | 8.25B | 7.98B |
Cash Flow | ||||||
| Free Cash Flow | 798.60M | 657.00M | 565.90M | 292.30M | 570.50M | 383.70M |
| Operating Cash Flow | 2.95B | 2.95B | 2.07B | 1.35B | 1.63B | 1.08B |
| Investing Cash Flow | -1.53B | -1.53B | -1.50B | -1.04B | -913.20M | -257.10M |
| Financing Cash Flow | -965.60M | -965.60M | -577.60M | 245.70M | -927.40M | -718.60M |
Northern Star Resources Ltd Technical Analysis
Northern Star Resources Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | 16.83% | 24.12% | 46.42% | 99.69% | |
| ― | C$6.72B | 12.39 | 21.17% | 1.59% | 23.35% | 15.96% | |
| ― | $4.70B | 18.44 | 16.68% | 0.81% | 30.46% | ― | |
| ― | AU$21.32B | 22.58 | 19.86% | 1.88% | 35.31% | 115.08% | |
| ― | AU$7.78B | 34.80 | 19.70% | ― | 109.79% | 158.18% | |
| ― | AU$33.89B | 21.04 | 11.04% | 2.29% | 30.35% | 102.55% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Northern Star Resources Ltd Corporate Events
Northern Star Resources Ltd has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in the company. This change involves various transactions, including purchases, sales, and securities lending activities, impacting a significant number of ordinary shares. The cessation of JPMorgan’s substantial holding could have implications for Northern Star’s shareholder composition and market perception, potentially affecting investor confidence and the company’s stock performance.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$30.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced the dispatch of an Access Letter to its shareholders regarding the company’s 2025 Annual General Meeting. The meeting is scheduled to be held both in person and online on 18 November 2025. This announcement highlights the company’s commitment to shareholder engagement and transparency, as it provides details on how shareholders can participate in the meeting and vote by proxy. The move is part of Northern Star’s efforts to ensure accessibility and convenience for its stakeholders, reflecting its strategic focus on maintaining strong investor relations.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$28.20 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd announced the cessation of 87,929 performance rights due to the conditions for these securities not being met by the end of September 2025. This cessation may impact the company’s capital structure and could signal challenges in meeting performance targets, potentially affecting stakeholder confidence.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced the issuance of 1,133,987 fully paid ordinary securities as of September 30, 2025. This move indicates the company’s ongoing efforts to enhance its capital structure, potentially impacting its market positioning and providing implications for its stakeholders.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd is set to release its quarterly results for the period ending 30 September 2025 on 23 October 2025. The company will host a conference call to discuss these results, providing an opportunity for stakeholders to gain insights into the company’s performance and strategic direction.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$22.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced a change in the director’s interest, with Marnie Helen Finlayson acquiring an additional 1,762 ordinary fully paid shares through an on-market trade, increasing her total holdings to 8,224 shares. This change reflects a personal investment decision by the director and may indicate confidence in the company’s future performance, potentially impacting stakeholder perceptions and market dynamics.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$22.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced its 2025 Annual General Meeting, highlighting a year of strategic growth and investment, particularly with the acquisition of the Hemi Development Project. The company is poised for future success with a focus on productivity and cost control, aiming to enhance production and cash flow margins. The AGM will address key business proposals, including the adoption of the Remuneration Report and the re-election of a board member, reflecting the company’s commitment to shareholder engagement and operational transparency.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$22.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has released an update on its ore reserves and mineral resources as of March 31, 2025. The announcement confirms that there are no material changes to the estimates, aside from normal mining depletion, and that the assumptions and technical parameters remain consistent. The company is also reviewing the mineral resources and ore reserves for the recently acquired Hemi Development Project, with plans to report updated estimates by May 2026. This update is crucial for stakeholders as it reinforces the company’s stable operational outlook and strategic positioning in the gold mining sector.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$22.10 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has updated its previous announcement regarding its dividend distribution to include the Dividend Reinvestment Plan (DRP) price. This update pertains to the dividend for the six-month period ending on June 30, 2025, with a record date of September 3, 2025. This announcement reflects the company’s commitment to providing returns to its shareholders and may influence investor sentiment and market positioning.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$22.50 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced that its 2025 Annual General Meeting (AGM) will take place on November 18, 2025, as a hybrid event allowing both in-person and virtual participation. The announcement also specifies the deadline for director nominations, which must be submitted by September 16, 2025, in accordance with the company’s constitution.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$22.50 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd’s recent earnings call painted a picture of robust financial health and strategic progress, despite some operational challenges. The company reported record gold sales and strong cash flow, alongside strategic acquisitions, which bolstered its overall performance. However, challenges at the KCGM operation and increased capital expenditures were noted as areas of concern. Nevertheless, the company’s financial health remains strong, reflecting a positive sentiment overall.
Northern Star Resources Ltd has announced the issuance of 522,125 ordinary fully paid securities, effective from August 22, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and could impact its market positioning by potentially increasing shareholder value and enhancing liquidity.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$21.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced a change in the interests of its director, Stuart Peter Tonkin, involving the exercise and lapse of performance rights and the trading of shares. This adjustment in director’s interests reflects the company’s ongoing management of executive compensation and stock options, which may impact investor perceptions and the company’s stock market performance.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$21.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd announced the issuance of 115,690 performance rights under its employee incentive scheme, effective August 21, 2025. This move is part of the company’s strategy to align employee interests with corporate goals, potentially enhancing operational efficiency and stakeholder value.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$21.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd is a global-scale gold producer with operations in Western Australia and Alaska, focusing on generating superior returns for shareholders through operational effectiveness and exploration. In its latest earnings report, Northern Star announced record cash earnings of $2.9 billion, a 59% increase from the previous year, and a revenue of $6.4 billion, up 30%. The company achieved significant growth in mineral resources and ore reserves, with a notable acquisition of the Hemi Development Project in Western Australia. Despite facing productivity challenges, Northern Star maintained strong financial performance with a robust balance sheet and substantial free cash flow. Looking forward, the company remains committed to unlocking the full potential of its production centers and delivering value to shareholders through strategic investments and operational excellence.
Northern Star Resources Ltd has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, demonstrating their commitment to transparency and accountability. This announcement is significant for stakeholders as it highlights the company’s governance practices and compliance with regulatory standards, potentially impacting investor confidence and market positioning.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced updates regarding its mineral resources and ore reserves for the period ending 30 June 2025. The company completed the acquisition of De Grey Mining Ltd, which significantly increased its mineral resources and ore reserves, particularly with the inclusion of the Hemi development project. This strategic move is expected to enhance Northern Star’s production capabilities and strengthen its position in the gold mining industry. The company has maintained its operational assumptions and technical parameters, ensuring stability in its production targets.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd reported a record-breaking financial performance for the year ended June 30, 2025, with a 30% increase in revenue to A$6.4 billion, driven by higher gold prices and increased sales. The company achieved a record underlying free cash flow of A$536 million and declared a record final dividend, reflecting its strong financial position and commitment to delivering shareholder value. The acquisition of De Grey Mining and the addition of the Hemi Development Project further strengthen Northern Star’s portfolio, positioning it for future growth.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has released its Annual Report for 2025, highlighting its commitment to acknowledging and respecting the traditional landowners of the areas where it operates in Australia and Alaska. The company emphasizes its dedication to engaging with indigenous groups, recognizing their cultural connections to the land, which is crucial for the company’s sustainable and respectful business practices.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd has announced a dividend distribution of AUD 0.30 per ordinary fully paid share, with the ex-date set for September 2, 2025, and the payment date scheduled for September 25, 2025. This announcement reflects the company’s financial performance for the six-month period ending June 30, 2025, and underscores its commitment to delivering shareholder value.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd reported a robust financial performance for the year ended 30 June 2025, with a 30% increase in revenue and a 110% rise in net profit attributable to members. The company declared a fully franked final dividend of 30 cents per share, reflecting its strong cash earnings growth of 59%. The acquisition of De Grey Mining Limited and the dissolution of a Canadian subsidiary highlight strategic moves to consolidate and streamline operations, potentially enhancing Northern Star’s market position and offering positive implications for shareholders.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$19.95 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
Northern Star Resources Ltd announced the cessation of 956,285 performance rights due to unmet conditions, effective August 12, 2025. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus.
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.
Northern Star Resources Ltd has announced the issuance of 1,510,000 fully paid ordinary shares to the trustee of its Employee Share Trust. This move is part of an employee incentive scheme aimed at fulfilling the Trust’s obligations related to vested performance rights, potentially enhancing employee engagement and aligning interests with shareholders.
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.
Northern Star Resources Ltd announced that it will release its FY25 financial results for the period ending 30 June 2025 on 21 August 2025. The release will be followed by a conference call hosted by key executives to discuss the results. This announcement is part of the company’s ongoing efforts to maintain transparency with its stakeholders and could have implications for its market positioning and investor relations.
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.
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.
Northern Star Resources Ltd has released an update on its Ore Reserves and Mineral Resources, confirming that there have been no material changes to the assumptions underpinning its production targets up to FY29, aside from normal mining depletion. The company maintains its current operational and cost structures, with production profiles based on JORC-compliant Ore Reserves, ensuring stability in its gold production outlook.
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.