Robert Cohen B.A.Sc., MBA, CFA
Northern Star Resources
NST-AU
TOP PICK
Mar 07, 2017
(Australian stock exchange.) They acquired a bunch of mines that were ex-Newmont and ex-Barrick that were in Australia, and put in the necessary capital, not only to drill deeper and find more resources, but currently they have a current annual run rate of 500,000 ounces a year, making them a sizable producer, and organic growth that will take them to 600,000 ounces for next year. Dividend yield of 2.53%. (Analysts’ price target is $4.40 AUD.)
(Australian stock exchange.) They acquired a bunch of mines that were ex-Newmont and ex-Barrick that were in Australia, and put in the necessary capital, not only to drill deeper and find more resources, but currently they have a current annual run rate of 500,000 ounces a year, making them a sizable producer, and organic growth that will take them to 600,000 ounces for next year. Dividend yield of 2.53%. (Analysts’ price target is $4.40 AUD.)