Royal Bank of Canada upgraded shares of Northern Star Resources (OTCMKTS:NESRF) from a sector perform rating to an outperform rating in a report published on Friday morning, The Fly reports. They currently have $11.00 price objective on the stock.
Separately, JPMorgan Chase & Co. upgraded Northern Star Resources from a neutral rating to a buy rating and set a $11.50 price objective on the stock in a report on Friday, November 29th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $11.25.
NESRF traded down $0.04 on Friday, reaching $6.72. The company’s stock had a trading volume of 7,236 shares, compared to its average volume of 5,169. Northern Star Resources has a 1 year low of $5.64 and a 1 year high of $9.91. The business’s 50 day moving average is $6.59 and its 200 day moving average is $7.56.
Northern Star Resources Limited engages in the exploration, development, mining, processing, and sale of gold deposits in Australia. The company primarily holds interests in the Jundee, Kundana, Kanowna Belle, Paulsens, and South Kalgoorlie projects located in Western Australia; and the Central Tanami project situated in the Northern Territory.
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