Skip to Content
Morningstar

Northern Star Resources Ltd NST

Morningstar Rating
Unlock
Stock XASX Rating as of
A$12.82 −0.04 (0.31%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Commodity Price Update Q3 2024: Value in Mineral Sands, Gold, and Thermal Coal

Jon Mills

Base metals prices surged earlier in the June quarter of 2024 before partially reversing due to concerns over China’s economy. Iron ore prices are broadly stable despite China's struggling property market and weak infrastructure spending, leading to questions over China's steel demand. After updating our commodity price assumptions, no-moat Iluka is the cheapest miner we cover, trading 31% below its unchanged fair value estimate of AUD 9.50.

Read Full Report

Price vs Fair Value

View History
NST is trading at a 242% premium.
Price
A$12.82
Fair Value
A$16.70
Uncertainty
High
1-Star Price
A$97.98
5-Star Price
A$3.14
Economic Moat
Hysmm
Capital Allocation
Xtsjhhjx

Bulls Say, Bears Say

Bulls

The likely expansion in gold sales over our forecast period should keep Northern Star within the bottom half of the industry cost curve.

Bears

Future production is highly dependent on its Kalgoorlie production center, which represents around three fourths of reserves at the end of fiscal 2023.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NST is a good fit for your portfolio.
Get 7 Days Free

Trading Information

Previous Close Price
A$12.86
Day Range
A$12.79–12.92
52-Week Range
A$9.99–16.04
Bid/Ask
A$13.22 / A$12.18
Market Cap
A$14.74 Bil
Volume/Avg
2.7 Mil / 3.9 Mil

Key Statistics

Price/Earnings (Normalized)
18.39
Price/Sales
3.36
Dividend Yield (Trailing)
2.38%
Dividend Yield (Forward)
2.34%
Total Yield
2.67%

Company Profile

Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2023 from its three wholly owned mining operations in Australia and Alaska. Its current operations are the result of significant merger and acquisition activity including 13 acquisitions and four asset sales since 2010. Northern Star had roughly a decade of reserves at the end of fiscal 2023.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Large Growth
Total Number of Employees
3,383
Website
https://www.nsrltd.com

Competitors

Valuation

View More
Metric
NST
GOLD
AEM
Price/Earnings (Normalized)
 18.3919.6128.52
Price/Book Value
 1.731.301.79
Price/Sales
 3.362.664.99
Price/Cash Flow
 8.667.2811.90
Price/Earnings
NST
GOLD
AEM

Financial Strength

Metric
NST
GOLD
AEM
Quick Ratio
 1.852.090.69
Current Ratio
 2.873.322.21
Interest Coverage
 11.439.989.56
Quick Ratio
NST
GOLD
AEM

Profitability

Metric
NST
GOLD
AEM
Return on Assets (Normalized)
 3.83%3.40%3.79%
Return on Equity (Normalized)
 5.48%6.73%5.65%
Return on Invested Capital (Normalized)
 5.21%4.86%5.30%
Return on Assets
NST
GOLD
AEM
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Gold Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Zijin Mining Group Co Ltd ADR
ZIJMY
—Mdxqhh$64.8 Bil
 Zijin Mining Group Co Ltd Class H
ZIJMF
—Lvnkdpm$64.8 Bil
 Newmont Corp Chess Depository Interest
NEMCL
—Dcpt$51.3 Bil
 Newmont Corp
NEM
CrtpvwlcDrkdd$51.3 Bil
 Agnico Eagle Mines Ltd
AEM
DhjhxfpdMbjj$34.8 Bil
 Barrick Gold Corp
GOLD
VgmshlxZdfq$30.7 Bil
 Wheaton Precious Metals Corp
WPM
ShhlgqrFbd$25.3 Bil
 Franco-Nevada Corp
FNV
—Ysdfbbz$23.8 Bil
 Gold Fields Ltd
GFIOF
—Bxtcc$14.2 Bil
 Kinross Gold Corp
KGC
HtsbsRfhbb$10.4 Bil

Sponsor Center