Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Northern Star Resources Limited
  6. News
  7. Summary
    NST   AU000000NST8

NORTHERN STAR RESOURCES LIMITED

(NST)
  Report
Delayed Australian Stock Exchange  -  01:10 2022-10-05 am EDT
8.480 AUD   +2.91%
10/03Australian shares eye best day since late-Jan ahead of RBA decision
RE
09/30Australian shares mark worst month since June on recession woes
RE
09/29Australia shares mark best day in three months on resources boost
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Australian shares end lower as banks drag amid crisis in Ukraine

02/18/2022 | 01:14am EDT

Feb 18 (Reuters) - Australian shares closed down on Friday in their worst day in three weeks, weighed by financial stocks as investors closely watched rising tensions between the West and Russia over Ukraine.

The S&P/ASX 200 index ended 1% lower at 7,221.70, its worst session since Jan. 27. Investors largely shrugged off news of U.S. Secretary of State Antony Blinken accepting an invitation to meet with Russian Foreign Minister Sergei Lavrov late next week provided Russia does not invade Ukraine.

The benchmark was marginally up for the week.

Shelling in Ukraine on Thursday renewed Western fears of an imminent Russian invasion as U.S. President Joe Biden said Moscow is preparing a pretext to justify a possible attack.

"It wouldn't be surprising to have markets remain volatile in this type of manner for the time being until we get more clarity out of Ukraine and Russia ... and any updates on interest rate hikes as well," said Steven Daghlian, market analyst at CommSec.

Financials shed 0.9%, with three of the country's four largest lenders losing between 0.3% and 1.1%.

QBE Insurance plunged 8.7% after full-year profit missed analysts' estimates, while Magellan Financial soared 18.5% on strong interim earnings.

Technology stocks fell 1.9%, their lowest in three weeks, tracking an overnight slide in their U.S. counterparts.

ASX-listed shares of Block Inc, Computershare and Xero dropped between 1.8% and 3.7%.

Meanwhile, gold stocks gained 1.9% in their best week since May 8, 2020 as the heightened tensions in Ukraine boosted the bullion's safe-haven appeal.

Sector leaders Northern Star Resources and Newcrest Mining rose 1.5% and 2.1%, respectively.

In other news, Australia's biggest cities including Sydney and Melbourne eased more COVID-19 curbs amid a steady fall in hospital cases.

New Zealand's benchmark S&P/NZX 50 index was down 0.9% to 12,141.89.

Reserve Bank of New Zealand's February monetary policy statement is due next week, with Citibank analysts expecting the central bank to raise the official cash rate by a further 25 basis points.

(Reporting by Upasana Singh in Bengaluru; Editing by Sriraj Kalluvila)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BLOCK, INC. 11.89% 62.41 Delayed Quote.-61.36%
COMPUTERSHARE LIMITED 1.62% 25.65 Delayed Quote.26.20%
MAGELLAN FINANCIAL GROUP LIMITED 1.73% 11.74 Delayed Quote.-45.67%
NEWCREST MINING LIMITED 1.02% 17.89 Delayed Quote.-27.66%
NORTHERN STAR RESOURCES LIMITED 2.91% 8.48 Delayed Quote.-12.43%
QBE INSURANCE GROUP LIMITED 1.36% 11.95 Delayed Quote.3.88%
S&P/ASX 200 1.74% 6815.7 Real-time Quote.-13.27%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.40% 59.485 Delayed Quote.-22.58%
XERO LIMITED 4.03% 79.05 Delayed Quote.-46.27%
All news about NORTHERN STAR RESOURCES LIMITED
10/03Australian shares eye best day since late-Jan ahead of RBA decision
RE
09/30Australian shares mark worst month since June on recession woes
RE
09/29Australia shares mark best day in three months on resources boost
RE
09/21Northern Star Resources Ltd - DATE OF ANNUAL GENERAL MEETING AND CLOSING DATE FOR DIREC..
AQ
09/20Australia shares fall as commodity, bank stocks weigh; Fed rate decision in focus
RE
09/18Mining, gold stocks support Australian shares ahead of Fed meet
RE
09/15Australian shares fall on Fed rate hike jitters
RE
09/14Millrock Provides Exploration Update on Partner-Funded Alaska Gold Projects
MT
09/13Marnie finlayson appointed to the northern star board
AQ
09/12Northern Star Resources Limited Appoints Marnie Finlayson as an Independent Non-Executi..
CI
More news
Analyst Recommendations on NORTHERN STAR RESOURCES LIMITED
More recommendations
Financials
Sales 2023 4 122 M 2 679 M 2 679 M
Net income 2023 441 M 286 M 286 M
Net Debt 2023 9,55 M 6,20 M 6,20 M
P/E ratio 2023 21,1x
Yield 2023 2,85%
Capitalization 9 555 M 6 209 M 6 209 M
EV / Sales 2023 2,32x
EV / Sales 2024 2,02x
Nbr of Employees 3 383
Free-Float 98,0%
Chart NORTHERN STAR RESOURCES LIMITED
Duration : Period :
Northern Star Resources Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NORTHERN STAR RESOURCES LIMITED
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 8,24 AUD
Average target price 10,58 AUD
Spread / Average Target 28,4%
EPS Revisions
Managers and Directors
Stuart Tonkin Chief Executive Officer, MD & Director
Ryan Gurner Chief Financial Officer
Michael Alfred Chaney Non-Executive Chairman
Simon A. Jessop Chief Operating Officer
John Daniel Fitzgerald Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
NORTHERN STAR RESOURCES LIMITED-12.43%6 209
NEWMONT CORPORATION-28.20%35 343
BARRICK GOLD CORPORATION-9.73%28 289
AGNICO EAGLE MINES LIMITED-14.55%20 659
POLYUS-35.94%19 141
WHEATON PRECIOUS METALS CORP.-13.38%15 672