Northern Star is one of Australia's largest gold producers, with tier one assets in Western Australia and Alaska. Gold remains an attractive hedge in uncertain markets, and Northern Star offers both leverage to rising prices and a solid balance sheet. The company also pays a dividend, making it a rare mix of growth, yield, and defensive characteristics.
Morgans is a fan and has an add rating and $25.15 price target on its shares.
NST Price at posting:
$19.88 Sentiment: Buy Disclosure: Held
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