Northern Star Resources Limited (NST.AX) stock analysis

In our weekly check, Northern Star Resources Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 3, red flags: 3.

About Northern Star Resources Limited

Northern Star Resources Limited is a Basic Materials company (Gold) based in Australia, listed on ASX as NST.AX.

What our checks show for NST.AX

Red flags

• The price swings a lot: 56.3% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 94% from a peak. Would you have held through that?
• The share count grew by 24.4% in 2 years: each shareholder owns a smaller slice.

Warning signs

• Free cash flow covers the dividend only 0.6 times.
• Recovering from its deepest fall took about 1.6 years.
• Beta 1.39: the stock usually moves more than the market, both up and down.

Strengths

• Net debt is only 0.2x a year of EBITDA: the balance sheet has room.
• Operating profit covers interest 17.9 times over.
• The net margin rose by 10.5 points over 5 years, to 21.8%.
• The gross margin is 37% and has risen by 23.1 points: pricing power is holding.
• Operating cash flow is 1.91x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 28.4% a year over the next years.

Similar companies

GFI · AU · FNV · KGC · EVN.AX · WPM

Questions

What grade does Northern Star Resources Limited (NST.AX) have?

In our weekly check, Northern Star Resources Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 3, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NST.AX stock?

This week's biggest flags for Northern Star Resources Limited: Very volatile, Deep past fall, Share dilution. In total 6 of 25 checks show a warning or a red flag.

What does Northern Star Resources Limited do?

Northern Star Resources Limited is a Basic Materials company (Gold) based in Australia, listed on ASX as NST.AX.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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