Northern Star Resources Ltd (ASX: NST) is one of Australia’s largest gold miners, with operations in Western Australia, Northern Territory and Alaska. NST claims to have tier-1 world-class mining projects in very promising regions thanks to their low sovereign risk. NST shares have performed exceptionally well since 2010 — when they traded at just 2 cents! — thanks to its very savvy management team and carefully executed acquisitions.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.11% to 7030.30.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
The Northern Star Resources Ltd (ASX:NST) share price is down over 2% after the ASX gold share revealed a A$1.5 billion investment.
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
The S&P/ASX 200 (INDEXASX: XJO) started the new year at a lower point but today the ASX 200 price is up 1.4% at midday. Austal (ASX:ASB) and Collins Foods Group (ASX:CKF) are in focus.
The S&P/ASX 200 (ASX:XJO) remained resilient on Wednesday, finishing 0.3% higher as the EML Payments (ASX:EML) share price made headlines.
The S&P/ASX 200 (ASX:XJO) finished 0.2% lower on Monday as Wesfarmers (ASX:WES) and Magellan (ASX:MFG) shares made headlines.
The S&P/ASX 200 (ASX:XJO) followed the lead of US futures to fall 1% to open the week as AGL (ASX:AGL) and ASX energy shares made headlines.
The S&P/ASX 200 (INDEXASX:XJO) pushed higher on Monday, led by the resources and gold shares, as Crown (ASX:CWN) also made headlines.
