Northern Star Resources Ltd (ASX: NST)
Another note out of Citi reveals that its analysts have retained their buy rating but trimmed the price target on this gold miner’s shares to $13.50. The broker believes that the gold price has now peaked and has downgraded its forecasts for the precious metal accordingly. And while it suspects that gold miners will be out of favour with investors, it still sees value in Northern Star’s shares. This is thanks to its strong cash flow generation and upcoming developments. The Northern Star share price was trading at $9.56 at Friday’s close.
Can't see NST holding its share price, page-425
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Last
$13.25 |
Change
0.020(0.15%) |
Mkt cap ! $15.32B | |||
| Open | High | Low | Value | Volume |
| $13.38 | $13.45 | $13.24 | $5.104M | 382.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4632 | $13.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.25 | 3936 | 22 |
View Market Depth
| Last trade - 11.07am 19/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |