- Northern Star continues to estimate FY growth capital expenditures to be between A$1.15 billion and A$1.25 billion.
- The company’s forecasted exploration expenditure remains steady at A$150 million.
- During the June quarter, the focus at KCGM has been increasing milled tons and grade through greater access to Golden Pike North.
- Jundee reports higher grades in its mining performance.
- Thunderbox sees the annualised mill throughput rate at 5Mtpa at Yandal in the 4th Quarter.
- Pogo’s target for June quarter is improved mill throughput, pointing to enhanced capacity and continuity from finalized projects.
- Northern Star has affirmed its sales and cost targets for the financial year 2024.
- Their stock performance demonstrates a positive outlook, with 10 buys, 6 holds, 2 sells.
- Comparisons to past results are grounded in values announced in the company’s original disclosures.
A look at Northern Star Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investment analysts see a positive long-term outlook for Northern Star Resources based on a combination of factors. The company’s Smartkarma Smart Scores reflect a solid performance across key indicators. With a strong momentum score of 4, Northern Star Resources demonstrates promising growth potential. Additionally, scoring well in value, growth, and resilience with scores of 3, the company is positioned for stability and value creation over the long term. While the dividend score of 2 shows room for improvement in this area, overall, Northern Star Resources presents a robust outlook for investors looking at the precious metals sector.
As a manufacturer of precious metals, Northern Star Resources focuses on mining and producing gold, catering to customers in Australia and North America. The company’s diverse operations and strong performance in key aspects like momentum and resilience point towards a sustainable future. With a balanced scorecard showcasing strengths in growth and value, Northern Star Resources appears well-equipped to navigate the market dynamics and deliver shareholder value over the long run. Investors eyeing stability and growth in the precious metals industry may find Northern Star Resources a compelling opportunity.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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