Technical outlook – Over the last two-month, Northern Star Resources Ltd (NST) has held to an impressive bullish trend which emanates from $9.00 to an intraday high of $11.11.
Technically, and fundamentally (NST) is expected to continue to play-out the bullish tunes with the foreseeable target holding to $12.00 before the technical signals potentially give a call to a reversal.
Company Overview – Northern Star Resources Ltd (NST) is a gold production and exploration company with a resource base located in the gold regions of Western Australia. NST is currently involved in exploration, development, mining and processing of gold deposits and sale of refined gold derived from the Jundee, Kundana (100% owned and 51% owned operations), Kanowna Belle, Paulsens, and South Kalgoorlie operations, and exploration in relation to gold deposits in Western Australia and the Northern Territory.