Northern Star Resources (OTCMKTS:NESRF) Trading Up 2.5% – Still a Buy?

Northern Star Resources Limited (OTCMKTS:NESRF)’s stock price rose 2.5% during mid-day trading on Monday . The stock traded as high as $19.55 and last traded at $19.2250. Approximately 39,548 shares changed hands during mid-day trading, an increase of 103% from the average daily volume of 19,509 shares. The stock had previously closed at $18.75.

Northern Star Resources Stock Performance

The firm has a 50-day moving average of $17.55 and a two-hundred day moving average of $15.09.

About Northern Star Resources

Northern Star Resources (OTCMKTS:NESRF) is an Australian-based gold mining company engaged in the exploration, development, and production of gold through a portfolio of underground and open-pit operations. Headquartered in West Perth, Western Australia, the company focuses on the efficient delivery of ore to onsite processing facilities, employing both conventional and modern mining techniques to optimize recovery and manage operating costs.

The company’s principal operations are located across key gold provinces in Western Australia, including the Kalgoorlie, Kambalda and Jundee regions, as well as the Pogo mine in Alaska, which Northern Star acquired in 2018.