Royal Bank of Canada cut shares of Northern Star Resources (OTCMKTS:NESRF) from an outperform rating to a sector perform rating in a report released on Tuesday morning, The Fly reports.
Several other analysts have also recently weighed in on NESRF. Citigroup cut shares of Northern Star Resources from a buy rating to a neutral rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut shares of Northern Star Resources from an overweight rating to a neutral rating in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has an average rating of Hold and an average target price of $11.25.
Northern Star Resources stock opened at $9.20 on Tuesday. The firm’s fifty day moving average price is $8.43 and its 200-day moving average price is $7.67. Northern Star Resources has a fifty-two week low of $5.64 and a fifty-two week high of $9.91.
Northern Star Resources Company Profile
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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