NST 0.38% $15.90 northern star resources ltd

2339 GMT - As Northern Star (NST.AU) suggests it can produce...

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  1. 1,191 Posts.
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    2339 GMT - As Northern Star (NST.AU) suggests it can produce 600,000 troy ounces of gold annually for at least the next decade, Macquarie turns bullish on the miner and hikes its price target 35% to A$5.40 after taking a more-upbeat view on the Jundee operation in Western Australia. "An additional 5 years of mine life (at Jundee) increase our discounted cash-flow-based valuation by 55% to A$2.18." Shares have jumped 29% this year at A$4.67, including 6.9% this week. ([email protected]; @dwinningWSJ)
    (END) Dow Jones Newswires

    August 03, 2017 19:39 ET (23:39 GMT)
 
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