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Northern Star Resources Ltd
(Sydney: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 |
|---|---|---|---|---|---|---|---|
79 Outperform | ― | ― | 16.83% | 24.12% | 46.42% | 99.69% | |
79 Outperform | C$7.32B | 12.99 | 21.17% | 1.42% | 23.35% | 15.96% | |
78 Outperform | $5.37B | 21.06 | 16.68% | 0.71% | 30.46% | ― | |
77 Outperform | $24.37B | 25.81 | 19.86% | 1.70% | 35.31% | 115.08% | |
76 Outperform | $37.65B | 23.38 | 11.04% | 2.09% | 30.35% | 102.55% | |
76 Outperform | AU$7.28B | 32.55 | 19.70% | ― | 109.79% | 158.18% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Northern Star Resources Ltd Corporate Events
Northern Star Resources Ltd has announced an update on its FY26 exploration program, emphasizing its commitment to organic growth through strategic exploration investments. The company plans to spend A$225 million on exploration activities, focusing on near-mine opportunities across its production centers in Kalgoorlie, Yandal, and Pogo, as well as the newly acquired Hemi project. This investment aims to enhance portfolio quality, extend mine life, and support the strategic conversion of mineralized systems, thereby creating long-term value for stakeholders.
Northern Star Resources Ltd has announced updates on its Ore Reserves and Mineral Resources as of March 31, 2025, confirming that there have been no material changes except for normal mining depletion. The company is also reviewing data for the Hemi Development Project, acquired through the acquisition of De Grey, and plans to report updated estimates by May 2026. These updates are crucial for stakeholders as they reflect the company’s ongoing resource management and future production targets, ensuring transparency and strategic planning in the competitive gold mining sector.
Northern Star Resources Ltd announced a change in the director’s interest, with Stuart Peter Tonkin acquiring 403,466 performance rights. This acquisition, approved at the Annual General Meeting, reflects the company’s ongoing commitment to aligning executive incentives with shareholder interests, potentially impacting its operational strategies and market perception.
Northern Star Resources Ltd announced the issuance of 403,466 performance rights as part of an employee incentive scheme. This move is likely to enhance employee engagement and align their interests with the company’s growth objectives, potentially impacting its operational efficiency and market competitiveness.
Northern Star Resources Ltd held its Annual General Meeting on November 18, 2025, where several key resolutions were passed. The meeting saw the adoption of the Remuneration Report and the approval of FY26 performance rights for the Managing Director & CEO, Mr. Stuart Tonkin. Additionally, the re-election of Director Mr. Nicholas Cernotta was confirmed. These decisions reflect the company’s ongoing commitment to strong leadership and strategic growth, potentially impacting its market positioning and stakeholder confidence.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.