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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 Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.54B | 4.92B | 4.13B | 3.81B | 2.76B | 1.97B |
| Gross Profit | 1.66B | 1.16B | 577.90M | 529.90M | 564.40M | 512.32M |
| EBITDA | 2.62B | 2.17B | 1.97B | 1.78B | 2.27B | 724.99M |
| Net Income | 946.40M | 638.50M | 585.20M | 429.80M | 1.03B | 258.33M |
Balance Sheet | ||||||
| Total Assets | 13.79B | 13.08B | 12.71B | 11.48B | 11.55B | 3.97B |
| Cash, Cash Equivalents and Short-Term Investments | 1.05B | 1.12B | 1.13B | 571.10M | 771.90M | 677.26M |
| Total Debt | 1.64B | 1.34B | 1.32B | 511.50M | 888.10M | 811.06M |
| Total Liabilities | 4.85B | 4.29B | 4.22B | 3.24B | 3.57B | 1.83B |
| Stockholders Equity | 8.95B | 8.79B | 8.48B | 8.25B | 7.98B | 2.14B |
Cash Flow | ||||||
| Free Cash Flow | 655.20M | 565.90M | 292.30M | 570.50M | 383.70M | 347.76M |
| Operating Cash Flow | 2.48B | 2.07B | 1.35B | 1.63B | 1.08B | 710.44M |
| Investing Cash Flow | -1.64B | -1.50B | -1.04B | -913.20M | -257.10M | -1.67B |
| Financing Cash Flow | -775.10M | -577.60M | 245.70M | -927.40M | -718.60M | 1.38B |
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 |
|---|---|---|---|---|---|---|---|
71 Outperform | $23.20B | 19.67 | 11.01% | 3.08% | 25.11% | 28.88% | |
70 Outperform | ¥177.14B | 11.16 | 6.29% | 3.43% | 3.91% | 3.46% | |
| ― | C$4.32B | 8.99 | 22.80% | 1.42% | ― | ― | |
| ― | $9.78B | 22.26 | 16.97% | 1.72% | ― | ― | |
| ― | $2.26B | 24.86 | 13.42% | 0.88% | ― | ― | |
| ― | $2.20B | ― | -0.38% | ― | ― | ― | |
69 Neutral | AU$4.54B | 36.27 | 13.01% | ― | 125.45% | ― |
Northern Star Resources Ltd Corporate Events
Northern Star Resources Ltd reported a strong performance in the June quarter, meeting its revised FY25 production guidance with 1,634koz of gold sold. The company is advancing major growth projects, including the KCGM Mill Expansion, to enhance its production capacity and maintain its position in the lower half of the global cost curve. For FY26, Northern Star forecasts gold sales of 1,700-1,850koz, with significant capital expenditure planned to support growth and operational readiness across its production centers. The company anticipates inflationary pressures and increased costs but remains focused on achieving long-term growth and value creation for stakeholders.
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 cessation of 182,484 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation could impact the company’s capital structure and may influence investor perceptions regarding the company’s performance and future growth prospects.
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 is set to release its quarterly results for the period ended 30 June 2025 on 24 July 2025. The announcement will be accompanied by a conference call hosted by key executives to discuss the results, which is significant for stakeholders interested in the company’s operational and financial performance.
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 successfully acquired 100% of the ordinary shares in De Grey Mining Ltd through a Scheme of Arrangement, with the Australian Taxation Office issuing a Class Ruling on the tax implications for shareholders involved. This ruling provides clarity on the income tax and capital gains tax considerations for De Grey shareholders who exchanged their shares for Northern Star shares, potentially impacting their financial and tax planning strategies.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 of 100,000 performance rights into shares and the on-market sale of 200,000 shares. This transaction, aimed at meeting future tax obligations, reflects the company’s ongoing adjustments in its executive holdings, potentially impacting its stock market dynamics and shareholder interests.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 cessation of 1,898,467 ordinary fully paid securities due to an on-market buy-back, effective May 21, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and signaling confidence in its financial stability to stakeholders.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$15.90 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 final notification of its on-market buy-back program, where it has repurchased a total of 27,172,098 ordinary fully paid securities at a total consideration of AUD 299,999,988. This buy-back is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 an update regarding its ongoing on-market buy-back program. As of the latest update, the company has repurchased a total of 26,473,627 ordinary fully paid securities, with an additional 698,471 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 reported a substantial increase in its Mineral Resources and Ore Reserves for the year ending March 31, 2025. The company’s Mineral Resources have risen to 70.7 million ounces, and Ore Reserves have increased to 22.3 million ounces, driven by successful exploration efforts, particularly at the Kalgoorlie and Jundee sites. The update highlights the company’s ability to enhance its gold inventory and extend mine life, positioning it strongly within the industry. However, the Hemi Project, acquired from De Grey Mining Ltd, is not yet included in these figures, indicating potential future growth.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 an update regarding its ongoing buy-back program, revealing that a total of 25,273,631 ordinary fully paid securities have been bought back prior to the previous day, with an additional 326,573 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its proactive approach in maintaining a strong market position.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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 an update regarding its on-market buy-back program for ordinary fully paid securities. The update includes changes to the total number of securities available for buy-back, reflecting the company’s ongoing efforts to manage its capital structure and enhance shareholder value. This move is part of Northern Star’s broader strategy to optimize its financial operations and strengthen its position within the competitive gold mining industry.
The most recent analyst rating on (AU:NST) stock is a Buy with a A$18.00 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, John Daniel Fitzgerald, who has disposed of a total of 23,198 ordinary fully paid shares through on-market trades. This change in director’s interest may indicate strategic financial adjustments or personal financial planning by the director, potentially impacting stakeholder perceptions and the company’s stock market performance.
Northern Star Resources Ltd has announced a change in the interests of a substantial holder, as detailed in their latest notice. This change involves various entities, such as State Street Global Advisors and others, which now hold significant voting power in the company. The announcement highlights the shifting landscape of shareholder influence, potentially impacting the company’s governance and strategic decisions.
Northern Star Resources Ltd has successfully completed the acquisition of De Grey Mining Ltd through a Court-approved Scheme of Arrangement. This strategic move aligns with Northern Star’s goal to enhance its asset portfolio by integrating the Hemi gold project, expected to be a low-cost, long-life, large-scale gold mine. The acquisition is anticipated to bolster Northern Star’s market position and generate cash earnings, while fostering relationships with stakeholders in the Hemi project area.
Northern Star Resources Ltd has experienced a change in the interests of a substantial holder, State Street Global Advisors. The announcement details the voting power and relevant interests of the substantial holder in the company’s voting securities, which may impact the company’s governance and influence within the industry.
Northern Star Resources Ltd reported strong operational and financial results for the March 2025 quarter, with gold sales totaling 385,441 ounces at an all-in sustaining cost of A$2,246 per ounce. Despite challenges at its KCGM asset, the company achieved a net mine cash flow of A$295 million and revised its FY25 production and cost guidance due to delayed access to higher-grade ore and increased maintenance costs. The company maintains a strong balance sheet with net cash of A$181 million and is on track with its growth strategy, including the completion of the De Grey Scheme of Arrangement.
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.
Northern Star Resources Ltd has successfully acquired De Grey Mining Ltd through a court-approved scheme of arrangement, making the scheme legally effective. As a result, De Grey shares will be suspended from trading, and shareholders will receive 0.119 new Northern Star shares for each De Grey share held. The implementation of the scheme is expected to be completed by May 5, 2025, with De Grey being delisted from the ASX on May 6, 2025. This acquisition is a significant move for Northern Star, potentially enhancing its market position and shareholder value.
De Grey Mining Ltd has announced that the Federal Court of Australia has approved the acquisition of all its shares by Northern Star Resources Ltd through a scheme of arrangement. This legal approval marks a significant step in the acquisition process, with De Grey shares set to be suspended from trading on the ASX from April 23, 2025. The acquisition is expected to impact De Grey’s stakeholders as it transitions under Northern Star’s ownership, with key dates for the scheme’s implementation outlined, including the delisting of De Grey from the ASX on May 6, 2025.
Northern Star Resources Ltd has announced a proposed issue of securities, with a maximum of 286,133,827 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, scheduled for May 5, 2025, and is expected to impact the company’s capital structure and potentially enhance its market positioning.
Northern Star Resources Ltd has received approval from the requisite majorities of De Grey Mining Ltd shareholders for the acquisition of 100% of De Grey’s shares through a Court-approved scheme of arrangement. This approval marks a significant step towards the merger, with the next phase involving a Federal Court hearing. If successful, De Grey shares will be suspended from trading, and the implementation of the scheme is expected by early May 2025, potentially impacting stakeholders by consolidating Northern Star’s position in the mining industry.