Northern Star Resources noted a strong increase in Kalgoorlie gold notably within the existing pit shells while all other sites showed limited gold added. In particular, Pogo remains impacted by covid and lacks substance in results to prove its camp scale potential.

Equal-weight rating with a $10.85 target. Industry view: Attractive.

Sector: Materials.

Target price is $10.85.Current Price is $10.92. Difference: ($0.07) - (brackets indicate current price is over target). If NST meets the Morgan Stanley target it will return approximately -1% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2021 Acquisdata Pty Ltd., source FN Arena