Northern Star Resources (ASX:NST) Shares Pass Below Fifty Day Moving Average of $12.48

Northern Star Resources Ltd (ASX:NST) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.48 and traded as low as $12.19. Northern Star Resources shares last traded at $12.33, with a volume of 6,001,337 shares trading hands.

The firm has a market cap of $7.79 billion and a P/E ratio of 38.91. The stock’s 50 day moving average is A$12.50 and its two-hundred day moving average is A$10.08. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.87 and a quick ratio of 1.26.

In related news, insider William (Bill) Beament sold 976,002 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of A$9.90 ($7.02), for a total value of A$9,662,419.80 ($6,852,780.00).

About Northern Star Resources (ASX:NST)

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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