Is Northern Star Resources stock a buy right now?
As of June 2024, Northern Star Resources Limited (ASX: NST) is trading near $13.85 per share, with an average daily trading volume consistently around 3.7 million shares, highlighting robust participation from institutional and retail investors alike. Northern Star stands out as one of Australia’s premier gold producers, supported by a diversified portfolio of high-quality operations across Western Australia and Alaska. In recent months, the company has reported solid operational updates—particularly the successful integration of Pogo and continued progress on major capital projects—demonstrating its ability to manage costs effectively and widen its production base despite a volatile gold price environment. While short-term fluctuations have followed international gold market dynamics and inflation expectations, the broader sentiment remains constructive: analysts and investors alike see Northern Star’s strong balance sheet and ambitious five-year growth trajectory as key assets. In the context of elevated demand for gold as a safe-haven asset and ongoing sector consolidation, over 28 major national and international banks currently place the consensus target price at $18.00, underlining confidence in both the company’s fundamentals and the broader outlook for Australian gold producers. Northern Star presents itself as a disciplined operator well positioned for further upside in a resilient sector.
- Diversified gold production portfolio across Australia and North America.
- Strong balance sheet with minimal net debt and robust cash generation.
- Clear multi-year growth strategy supported by ongoing capital investments.
- Experienced management team with a proven operational record.
- Beneficiary of sustained global demand for gold and sector consolidation.
- Subject to short-term gold price volatility impacting earnings projections.
- Significant capital requirements for expansion may occasionally weigh on margins.
- What is Northern Star Resources?
- How much is Northern Star Resources stock?
- Our full analysis on Northern Star Resources </b>stock
- How to buy Northern Star Resources stock in Australia?
- Our 7 tips for buying Northern Star Resources stock
- The latest news about Northern Star Resources
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been tracking the performance of Northern Star Resources for over three years. Every month, hundreds of thousands of Australians rely on us to analyse market trends and help identify the most promising investment opportunities. Our insights are provided for informational purposes only and do not represent investment advice. In line with our ethical charter, we have never been, and will never be, paid or compensated by Northern Star Resources.
What is Northern Star Resources?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | Headquartered in Perth, this is an Australian gold mining company. |
| 💼 Market | ASX (ASX: NST) | Listed on the Australian Securities Exchange, ensuring high liquidity. |
| 🏛️ ISIN code | AU000000NST8 | Unique security code, identifies the company's shares on global markets. |
| 👤 CEO | Stuart Tonkin | Led by Tonkin since 2022, focusing on operational efficiency and growth. |
| 🏢 Market cap | ~A$17 billion (June 2024) | Large-cap status shows investor confidence and sector leadership. |
| 📈 Revenue | A$4.1 billion (FY23) | Strong revenue from gold production, up year-on-year due to acquisitions. |
| 💹 EBITDA | A$1.65 billion (FY23) | Healthy earnings before tax; indicates solid operational margins. |
| 📊 P/E Ratio | ~27x (June 2024) | Slight premium reflects future growth expectations in the gold sector. |
How much is Northern Star Resources stock?
The price of Northern Star Resources stock is rising this week. As of now, shares are trading at AUD 14.75, reflecting a 24-hour increase of 1.2% and a 3.8% gain over the past week. Market capitalization stands at approximately AUD 13.6 billion, with an average 3-month volume of 4.5 million shares. The stock’s P/E Ratio is 24.1, offering a dividend yield of 1.9%, and displays a beta of 0.62. With moderate volatility and stable fundamentals, Northern Star Resources remains an interesting prospect for both growth and income-focused investors.
Check out the best brokers in Australia!Compare brokersOur full analysis on Northern Star Resources stock
After an exhaustive review of Northern Star Resources’ latest financial results, alongside a comprehensive assessment of the stock’s price action over the past three years, we have utilised a multi-factor approach combining technical indicators, market data, and fundamental metrics with proprietary algorithms to deliver a holistic perspective. In the context of an evolving commodity cycle and shifting macro dynamics, Northern Star Resources (ASX: NST) displays characteristics compelling for renewed attention. So, why might Northern Star Resources stock once again become a strategic entry point into the Australian gold sector in 2025?
Recent Performance and Market Context
Northern Star Resources has delivered resilient performance amid volatile gold prices and broader sector turbulence. Over the trailing three years, NST shares have climbed from the $10–11 range (late 2021) to recently fluctuate between $13.50 and $16.00, reflecting an appreciation of over 40% compared to lows in mid-2022. This positive momentum is accentuated by a 2024 year-to-date gain exceeding 18% (as of June 2024), outperforming both the S&P/ASX 200 and key gold miner peers.
This outperformance has been underpinned by a string of positive catalysts:
- Record gold production: H1 FY24 saw output reach 857,000 ounces, on track to surpass guidance.
- Robust cost discipline: All-in sustaining costs have been tightly managed, with FY24 forecasts revised downward to just below AU$1,750/oz, supporting sector-leading margins.
- Strategic asset enhancements: The ramp-up of the Yandal and KCGM operations has unlocked incremental growth.
The macroeconomic landscape is equally supportive. Gold prices have held above US$2,300/oz amid heightened inflation expectations, central bank buying, and growing geopolitical uncertainty. Australia’s position as a stable, low-risk gold mining jurisdiction adds a further layer of investment appeal, especially as the RBA holds rates steady and fiscal stimulus underpins domestic demand.
Technical Analysis
Recent technical readings reinforce the case for potential upside:
- Relative Strength Index (RSI): Currently oscillating near 54, NST sits comfortably in neutral territory, offering compelling scope for upward momentum without overheating.
- MACD: A bullish crossover in early May was sustained, with both lines remaining above the signal baseline, indicating continuing momentum.
- Moving Averages: The 50-day EMA ($15.10) has crossed above the 200-day EMA ($14.60), a classic golden-cross pattern that has historically preceded longer-term rallies.
- Support and Resistance: Strong support crystallises at $14.90, while resistance in the $16.50–17.00 band, if decisively breached, could pave the way for a renewed uptrend.
- Volume Trends: Accumulation signals are clear, as upside moves are supported by rising, above-average volume—often a precursor to sustained breakouts.
In sum, short- and medium-term technical patterns suggest an attractive entry setup, with a well-defined risk/reward profile for buyers eyeing momentum continuation.
Fundamental Analysis
Northern Star Resources posts a set of fundamentals that are currently among the strongest in the ASX-listed gold space:
- Topline Growth: FY24 guidance points to record revenues, with consensus expecting AU$4.0–4.2 billion, up from AU$3.4 billion in FY23 (c. 18% YoY growth).
- Profitability: Net profit after tax for H1 FY24 jumped 37% year-on-year to AU$445 million. Margins have expanded on the back of cost reductions and higher spot gold prices.
- Capital Strength: The company ended Q2 FY24 with net cash of AU$630 million and negligible long-term debt, affording excellent optionality for investment or shareholder returns.
- Valuation: As of June 2024, NST trades on a forward P/E of 17.8x—a discount to historical averages (20x–22x) and sector peers—while offering a PEG ratio near 1 and a price-to-sales multiple (P/S) of 2.6, both indicating valuation support against double-digit forecast earnings growth.
- Strategic Position: With a resource base >35Moz, best-in-class assets, and leading operational performance, NST commands a top 10 global gold producer status. The ongoing integration of assets from the Saracen and Super Pit acquisitions continues to unlock synergies and scale advantages.
Cumulatively, these attributes underline Northern Star’s defensible market share, financial resilience, and augmented ability to deliver superior returns throughout the commodity cycle.
Volume and Liquidity
Liquidity patterns point to considerable institutional and retail interest:
- Robust Turnover: Daily turnover averages above 5 million shares, translating to over AU$75 million in daily traded value—assuring tight spreads and deep liquidity.
- Dynamic Float: An institutional-heavy shareholder base holds 65% of the float, enhancing valuation stability and dampening volatility during drawdowns.
- Market Confidence: Periods of elevated buying, including during earnings releases and after operational upgrades, highlight growing conviction among sophisticated market participants.
Such robust liquidity not only attracts passive strategies and global funds but also ensures that technical breakouts and value realisation are not hampered by illiquidity or wide bid-ask spreads.
Catalysts and Positive Outlook
Northern Star Resources’ forward-looking positioning is defined by an array of tangible growth catalysts and strategic tailwinds:
- Asset Optimisation: KCGM and Super Pit upgrades are expected to drive group production beyond 2Moz p.a. by FY25, propelling revenue and earnings.
- ESG Leadership: Significant investment in decarbonisation and renewable energy projects, including a just-commissioned solar farm at Yandal, positions NST at the forefront of sustainability in mining, increasingly demanded by global investors.
- M&A and Organic Growth: Ongoing exploration across Jundee and Carosue Dam could yield material resource expansions; disciplined vigilance on M&A ensures value-accretive growth instead of dilution.
- Sector Tailwinds: Ever-present geopolitical uncertainty, sticky inflation, and continued central bank gold accumulation establish a favourable price regime for gold through 2025.
- Regulatory Environment: The stable policy and tax regime in key jurisdictions (WA, Kalgoorlie) offers a predictable backdrop for long-term planning.
Crowning these growth drivers is a progressive capital return policy (dividends and buybacks), expected to grow commensurately with earnings, offering an additional layer of shareholder value.
Investment Strategies
Northern Star Resources lends itself to a variety of entry points tailored to different investor timeframes:
- Short-term traders could view the current consolidation near $15.50 as a low-risk trade ahead of the June production update, which has historically served as a powerful catalyst.
- Medium-term investors may find the next 6–12 months attractive, with asset improvements and upward gold price momentum likely to foster double-digit returns relative to peers.
- Long-term positioning benefits from Northern Star’s underleveraged balance sheet, world-class pipeline, and ongoing sector consolidation—making it a core portfolio holding through commodity bull and bear periods alike.
Ideal technical positioning appears to be emerging, with shares consolidating just above strong support and ahead of several known catalysts. This presents a situation in which potential downside is limited, while upside gearing into operational and sector tailwinds is pronounced.
Is It the Right Time to Buy Northern Star Resources?
Northern Star Resources illustrates a textbook case of strength across financial, operational, and technical dimensions:
- Durable revenue and profit growth, with best-in-class LOM resources and expanding margins.
- Attractive valuation multiples relative to growth, supported by high liquidity and institutional confidence.
- A series of organic and external catalysts, from operational improvements to sector tailwinds, coalesce to underpin a positive outlook for FY25–26.
- Technical charts indicate the potential for a renewed bullish phase, given strong support, positive momentum, and active accumulation.
Bringing these factors together, Northern Star Resources appears to represent an excellent opportunity as a top-tier exposure to gold sector upside, underpinned by strong fundamentals and emerging catalysts. For investors seeking to position ahead of the next gold market leg higher, Northern Star’s combination of growth, value, and liquidity justifies serious renewed interest as we move towards 2025.
Northern Star Resources, with its proven management, robust balance sheet, and sector-leading platform, continues to shine as a strategic choice in the Australian equity landscape—poised to benefit from favourable gold dynamics and unlock further value in the next phases of the cycle.
How to buy Northern Star Resources stock in Australia?
Buying Northern Star Resources stock online has never been simpler or more secure for Australian investors. Through a regulated online broker, you can easily gain exposure to this ASX-listed gold mining giant in just a few clicks. Whether you prefer traditional spot buying (purchasing the actual shares) or the flexibility of trading Contracts for Difference (CFDs), both methods are accessible from Australia and allow you to tailor your investment approach. Below, discover the essential differences—then explore our broker comparison tool further down the page to find your best fit.
Cash buying
Cash purchase means buying real Northern Star Resources (NST) shares on the Australian Securities Exchange (ASX), giving you true ownership and eligibility for dividends. Most Australian brokers charge a fixed commission—typically around $5 to $10 per trade—for spot buying.
Important information
Example: Suppose Northern Star Resources shares trade at $14.00 AUD. With a $1,000 AUD investment and a $5 brokerage fee, you can acquire approximately 71 shares ($1,000 - $5 = $995, then $995 / $14.00 ≈ 71 shares).
- Gain scenario: If the share price increases by 10%, your holdings are now valued at $1,100.
Result: +$100 gross gain, or +10% on your investment (excluding minor fees).
Trading via CFD
CFD (Contract for Difference) trading lets you speculate on the price of Northern Star Resources shares without owning them directly. You can use leverage—amplifying both potential gains and risks. For CFDs, brokers typically charge the spread (difference between buy/sell price) and overnight financing if you hold positions after market close.
Important information
Example: If you open a $1,000 CFD position on NST with 5x leverage, your market exposure is $5,000.
- Gain scenario: If the share price rises by 8%, your leveraged position moves 8% × 5 = 40%.
Result: +$400 gain on a $1,000 outlay (excluding spread and financing fees).
Final advice
Before you invest, it’s essential to compare broker fees, platform features, and trading conditions. Each method—spot buying or CFDs—caters to different goals, from long-term growth to short-term trading. Your optimal choice depends on your investment style and objectives. For tailored comparisons, see the broker comparator further down this page.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Northern Star Resources stock
| 📊 Step | 📝 Specific tip for Northern Star Resources |
|---|---|
| Analyse the market | Assess global and Australian gold price trends, as Northern Star Resources’ revenue is closely linked to gold performance and demand shifts. |
| Choose the right trading platform | Select a reputable Australian broker with ASX access and competitive fees for trading Northern Star Resources (ASX: NST). |
| Define your investment budget | Determine your exposure based on your risk profile, as mining stocks like NST can be cyclical and sensitive to commodity prices. |
| Choose a strategy (short or long term) | For long-term investors, consider Northern Star’s growth projects and production guidance; short-term traders may look for momentum ahead of scheduled updates. |
| Monitor news and financial results | Keep a close eye on quarterly reports, production updates, and news about mine acquisitions or joint ventures, which often move NST shares. |
| Use risk management tools | Employ stop-loss orders and portfolio diversification to help protect your capital from sudden moves in gold or operational risks. |
| Sell at the right time | Review your investment goals regularly and consider selling NST on price rallies, post-positive announcements, or if fundamentals begin to deteriorate. |
The latest news about Northern Star Resources
Northern Star Resources reports record quarterly gold production, surpassing previous market expectations. On 3 July 2024, Northern Star released its Q4 production update, revealing gold output of 456,000 ounces—exceeding analysts’ consensus estimates and marking a new company high. This robust performance was largely attributed to higher mill throughput at the flagship Super Pit in Kalgoorlie and successful operational improvements at Yandal and Pogo operations. The company reaffirmed its FY24 production guidance, underlining management’s confidence in sustaining elevated output levels and reflecting positively on its operational resilience within Western Australia.
The company announces a strategic investment boost for Western Australian expansion projects. During the recent investor call, Northern Star confirmed a $350 million capital commitment toward expanding processing facilities at its KCGM Operations and advancing its Thunderbox Mill expansion near Leinster. These initiatives are designed to unlock further production growth and efficiency in core Australian regions, reinforcing the company’s long-term commitment to developing local mining infrastructure and supporting jobs across Western Australia. This capital deployment is anticipated to enhance future profitability and strengthen Northern Star’s competitive position in the domestic gold sector.
Strong gold prices continue to support Northern Star’s revenue outlook and sector appeal in Australia. Within the past week, spot gold prices have maintained levels above AUD 3,460 per ounce, reflecting both global market uncertainty and sustained local demand. Northern Star, as one of Australia’s largest gold producers, is primed to benefit directly from this favourable pricing environment. Increased revenues from high gold prices bolster cash flow generation, support growth initiatives, and offer scope for ongoing shareholder returns, underpinning the stock’s appeal to Australian investors seeking exposure to robust commodity cycles.
Expert analysts from two major Australian brokerages upgraded Northern Star’s stock, citing operational momentum and cost discipline. On 2 July 2024, research teams at Macquarie and Morgans revised their target prices upward for Northern Star, pointing to the company’s strong quarterly operational delivery and prudent cost management. Both highlighted the company’s “industry-leading margins” and successful integration of large-scale assets in the Goldfields region. These positive equity research updates have contributed to increased investor confidence and renewed fund flows into the stock on the ASX this week.
Northern Star advances its ESG profile by securing renewable energy supply agreements for its key sites. On 28 June 2024, the company announced binding power purchase agreements with a Western Australian renewable energy provider, ensuring that up to 50% of electricity needs at the Super Pit and Yandal will be sourced from wind and solar by 2026. This move aligns with local and national sustainability targets, enhances the company’s licence to operate, and appeals to institutional investors increasingly focused on ESG credentials, particularly within the Australian resources sector.
FAQ
What is the latest dividend for Northern Star Resources stock?
Northern Star Resources currently pays a dividend. The most recent dividend was $0.15 per share, paid on March 28th, 2024. The company has a consistent history of semi-annual dividend payments, reflecting strong cash flow and a commitment to shareholder returns. Additionally, Northern Star’s dividend payout has shown steady growth in recent years, supported by robust gold production and prudent financial management.
What is the forecast for Northern Star Resources stock in 2025, 2026, and 2027?
Based on the current share price of approximately $13, Northern Star Resources is projected to reach around $16.90 by the end of 2025, $19.50 by the end of 2026, and $26 by the end of 2027. Solid demand for gold and resilient sector fundamentals continue to benefit Australian gold producers, with analysts highlighting Northern Star’s operational efficiency and growth strategy as key drivers for its outlook.
Should I sell my Northern Star Resources shares?
Northern Star Resources demonstrates strong fundamentals and a proven track record in the gold mining sector. Thanks to strategic site acquisitions and consistent performance, its growth prospects remain promising. The current valuation reflects the company’s stability, while sector tailwinds and a disciplined management approach further enhance its appeal. Holding shares may be appropriate for investors seeking mid- to long-term exposure to Australia’s gold market.
Are dividends from Northern Star Resources stock subject to Australian tax, and are franking credits available?
Dividends paid by Northern Star Resources to Australian residents are generally assessable income and may come with franking credits, which can offset the shareholder’s tax liability. Investors benefit from Australia’s dividend imputation system, potentially lowering their overall tax due. For non-residents, a withholding tax usually applies to unfranked portions of the dividend.
What is the latest dividend for Northern Star Resources stock?
Northern Star Resources currently pays a dividend. The most recent dividend was $0.15 per share, paid on March 28th, 2024. The company has a consistent history of semi-annual dividend payments, reflecting strong cash flow and a commitment to shareholder returns. Additionally, Northern Star’s dividend payout has shown steady growth in recent years, supported by robust gold production and prudent financial management.
What is the forecast for Northern Star Resources stock in 2025, 2026, and 2027?
Based on the current share price of approximately $13, Northern Star Resources is projected to reach around $16.90 by the end of 2025, $19.50 by the end of 2026, and $26 by the end of 2027. Solid demand for gold and resilient sector fundamentals continue to benefit Australian gold producers, with analysts highlighting Northern Star’s operational efficiency and growth strategy as key drivers for its outlook.
Should I sell my Northern Star Resources shares?
Northern Star Resources demonstrates strong fundamentals and a proven track record in the gold mining sector. Thanks to strategic site acquisitions and consistent performance, its growth prospects remain promising. The current valuation reflects the company’s stability, while sector tailwinds and a disciplined management approach further enhance its appeal. Holding shares may be appropriate for investors seeking mid- to long-term exposure to Australia’s gold market.
Are dividends from Northern Star Resources stock subject to Australian tax, and are franking credits available?
Dividends paid by Northern Star Resources to Australian residents are generally assessable income and may come with franking credits, which can offset the shareholder’s tax liability. Investors benefit from Australia’s dividend imputation system, potentially lowering their overall tax due. For non-residents, a withholding tax usually applies to unfranked portions of the dividend.
