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    NST   AU000000NST8

NORTHERN STAR RESOURCES LIMITED

(NST)
  Report
Delayed Australian Stock Exchange  -  12:10:31 2023-02-06 am EST
12.58 AUD   -0.87%
03:03aGreatland Gold Appoints New COO, Chief Development Officer
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02/02Australian shares rise on healthcare boost, set for fifth weekly gain
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02/02Less Hawkish US Fed Stance Lifts Australian Shares
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Commodity stocks drag Australian shares as China COVID fears persist

11/28/2022 | 07:39pm EST

Nov 29 (Reuters) - Australian shares fell on Tuesday, dragged by energy and gold stocks, as China's COVID-19 situation and hawkish comments by a U.S. Federal Reserve official dented sentiment.

The S&P/ASX 200 index fell 0.2% to 7,214.60 by 2354 GMT, with weak moves across most of the sub-indexes.

China has been reporting a record spike in COVID-19 cases, and aggressive restrictions to rein in the surge have caused a civil unrest over the past few days, although investors are hoping that Beijing could lift the curbs faster.

Weighing on investors' mood further, New York Federal Reserve president said on Monday the U.S. central bank needs to press forward with interest rate hikes.

Looking ahead, all eyes would be on U.S. November consumer confidence data due later in the day.

Domestic energy stocks fell 1.9% as Brent crude oil prices settled down.

Index heavyweight Woodside Energy dropped as much as 5% as its production forecast for 2023 fell short of investors' expectations.

Santos declined 1% after announcing a temporary shutdown of its John Brookes Platform due to a small gas leak.

Local gold stocks slid 2.3%, making them the top percentage losers on the benchmark, as gold prices slipped.

Top gold miners Newcrest Mining and Northern Star Resources fell 2.2% and 2.6% respectively.

Miners slipped about 0.1% as Singapore iron ore futures slumped on caution prompted by China's COVID-19 protests.

Financials dipped 0.3% with the "Big Four" banks losing between 0.1% and 0.7%.

Only local health stocks rose 0.7%.

In New Zealand, the benchmark S&P/NZX 50 index jumped 1% to 11,423.040. (Reporting by Echha Jain in Bengaluru; editing by Uttaresh.V)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 0.64% 80.45 Delayed Quote.-7.24%
GOLD 0.79% 1880.56 Delayed Quote.2.27%
MSCI SINGAPORE (GDTR) 0.17% 5937.02 Real-time Quote.6.58%
NEWCREST MINING LIMITED 9.27% 24.53 Delayed Quote.18.85%
NORTHERN STAR RESOURCES LIMITED -0.87% 12.58 Delayed Quote.16.32%
S&P GSCI BRENT CRUDE INDEX 0.26% 682.2135 Real-time Quote.-6.95%
S&P GSCI CRUDE OIL INDEX 0.04% 402.4991 Real-time Quote.-5.35%
S&P/ASX 200 -0.25% 7539 Real-time Quote.7.38%
SANTOS LIMITED 0.29% 7.01 Delayed Quote.-2.10%
WOODSIDE ENERGY GROUP LTD 1.18% 36.05 Delayed Quote.0.54%
WTI 0.05% 73.675 Delayed Quote.-8.79%
All news about NORTHERN STAR RESOURCES LIMITED
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Analyst Recommendations on NORTHERN STAR RESOURCES LIMITED
More recommendations
Financials
Sales 2023 4 218 M 2 937 M 2 937 M
Net income 2023 408 M 284 M 284 M
Net Debt 2023 76,3 M 53,2 M 53,2 M
P/E ratio 2023 35,3x
Yield 2023 2,21%
Capitalization 14 593 M 10 162 M 10 162 M
EV / Sales 2023 3,48x
EV / Sales 2024 3,03x
Nbr of Employees 3 383
Free-Float 97,5%
Chart NORTHERN STAR RESOURCES LIMITED
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Northern Star Resources Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends NORTHERN STAR RESOURCES LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 12,69 AUD
Average target price 12,09 AUD
Spread / Average Target -4,75%
EPS Revisions
Managers and Directors
Stuart Tonkin Chief Executive Officer, MD & Director
Ryan Gurner Chief Financial Officer
Michael Alfred Chaney Non-Executive Chairman
Steven McClare Chief Technical Officer
Simon A. Jessop Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
NORTHERN STAR RESOURCES LIMITED16.32%10 162
NEWMONT CORPORATION5.61%39 568
BARRICK GOLD CORPORATION5.82%32 216
AGNICO EAGLE MINES LIMITED0.87%23 922
WHEATON PRECIOUS METALS CORP.11.40%19 918
POLYUS0.00%16 048