Northern Star Resources

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Old Jun 12, 2017, 8:37pm   #1
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Northern Star Resources

Gold Producction
Excelent Financial Ratios
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Old Jun 14, 2017, 7:35pm   #2
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mark2017 started this thread How Does the Magic Formula Rank Stack Up For Northern Star Resources Limited (ASX:NST)?
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Old Jun 16, 2017, 7:29pm   #3
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mark2017 started this thread Why Invest in Northern Star
Highly profitable: Record half year net profit after tax of A$104.6M (US$77M), up 61%;
EBITDA margin of 53%; track record of dividends, paid A10Ęps in 2016 (up 100% from 2015)
Strong balance sheet: no debt; A$393M (US$289M) in cash & equivalents (31 March 2017)
Emphasis on financial returns: Past 5 years avg TSR* +60%, ROE of 30% and ROIC 27%
One of the few ASX-listed gold miners with critical mass and asset diversity: FY2017
production of 485koz-515koz at an AISC of A$1,000-1,050/oz (US$735-US$771/oz)
Record of strong growth – with much more to come: Focused on our Tier 1 operations to
drive increased production and a simplified business model, increasingly more valuable
Aggressive exploration strategy delivering outstanding results; Reserves grew 33% in
FY2016 (after depletion) at average cost of just US$37/oz; US$44M spend this year has the
potential to significantly increase Reserves and underpin a clear road map for the future
Committed US$51M to expansion capital this year; this will underpin growth in production
and cashflow from 2018 onwards
Strong management team, track record of delivering operational and corporate objectives
which in turn have consistently achieved sector leading returns to NST Shareholders
15 Source:* Boston Consulting Group paper on “Delivering value in t
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Old Jul 13, 2017, 2:33pm   #4
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mark2017 started this thread Very good results

Jul 13 2017 at 4:23 PM
Updated Jul 13 2017 at 4:23 PM
Save article Print License article Northern Star Resources reports strong June quarter after digging deep on growth

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Old Aug 3, 2017, 2:30pm   #5
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mark2017 started this thread Aug 3 2017 at 6:22 PM
Updated Aug 3 2017 at 6:22 PM
Save article Print License article Northern Star Resources maps out mine lives for a decade
Share via Email Share on Google Plus Post on facebook wall Share on twitter Post to Linkedin Share on Reddit Northern Star says it now has mine life visibility of 10 years.
Ryan Stuart

Share on twitter by Tess Ingram Northern Star Resources executive chairman Bill Beament says he hopes the gold miner's new 10-year production plan will "well and truly put to bed" persistent concerns in the market about the company's mine life.

The gold miner unveiled a tripling of gold reserves across its land holding on Thursday, which will result in higher annual production and longer lives for its assets.

Northern Star mapped out a 10-year production plan to help give the market more confidence in the sustainability of its asset base, amid ongoing concerns from analysts about a lack of long-term visibility.

Driven by increased production from its two key operations, Kalgoorlie and Jundee, Northern Star plans to increase production from 525,000 to 575,000 ounces of gold this financial year to 550,000 to 600,000 ounces in fiscal 2019 and 575,000 to 625,000 ounces from 2020 onwards.

Northern Star's Paulsens gold mine.
Ryan Stuart
The miner said this could increase to more than 700,000 ounces a year, if it has exploration success at its third operation, Paulsens, and pushed ahead with the development of its Central Tanami project in the Northern Territory from about 2021.

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View all announcements "I think our shareholders got over our mine life issue 12 to 18 months ago but this now to me is the final piece for the wider investment community," Mr Beament told The Australian Financial Review. "This well and truly puts it to bed."

The dramatic increase in reserves has been driven by Northern Star's focus on exploration around its existing assets over the past three years. A $150 million spend in that time has delivered the miner an additional 4 million ounces of gold reserves at a cost of $37 an ounce and 7 million ounces of resources at a cost of $21 an ounce.

RBC Capital Markets analyst Paul Hissey said the "strong" increase in reserves should "address persistent questions around mine life from its key assets at Jundee and Kalgoorlie".

"This, along with the strong cash margins and balance sheet strength, should be sufficient to entice fresh investment for generalists seeking domestic gold exposure," Mr Hissey said in a note to clients.

Northern Star is hosting a strategy day with analysts and investors on Saturday, which Argonaut analyst James Wilson said should provide more clarity on how the increase in reserves will translate to greater production volumes, particularly at Kalgoorlie where processing capacity is a potential bottleneck.

"Overall it is a great result and it really does reflect the significant spending they have put into exploration and the returns they are going to get out of it will be a lot more than what they have put in," Mr Wilson said.

Shares in Northern Star closed up 4 per cent or 18Ę at $4.67 per share.

It came as ASX-listed gold junior Red 5, which has a market capitalisation of about $28 million, revealed it had inked dual agreements to acquire two gold assets in Western Australia.

Red 5 will pick up Gold Fields' Darlot gold mine for $18.5 million in cash and shares as well as the King of the Hills project from Saracen Mineral Holdings for $16 million in cash and shares.

The projects are about 80 kilometres apart. Red 5 said the deals, to be part-funded via a rights issue, would provide immediate production and cash flow, offered good growth potential and set it up to utilise Darlot as a hub to process ore from other gold deposits in the region.

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Old Aug 4, 2017, 7:12pm   #6
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mark2017 started this thread Why the Northern Star Resources Ltd share price is climbing today

Gold miner
Northern Star Resources Ltd
(ASX: NST) is top of the
S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) leaderboard today after if flagged it would lift its gold production rate to 600,000ozpa in calendar year 2018. This compares to previous guidance for production of 525,000-575,000ozpa at A$1,000 – A$1,050/oz for FY 2018.

As a result of the improved forecast Northern Star advanced 4 per cent to $4.67 today, with the miner flagging a tripling of estimated reserves to 3.5 million ounces. Its Jundee and Kalgoorlie operations in WA both expanding their inventory and production capacity estimates.

The majority of Northern Star’s operating costs are incurred in Australian dollars, while it sells its gold in U.S. dollars, which means it is a beneficiary of a stronger U.S. dollar. However, as cash rates rise in the U.S. the gold price may suffer as gold produces no income and may become less attractive to investors who could park their money in cash as an alternative and receive growing risk-free interest payments.

According to The Financial Times the 14 analysts covering Nothern Star have a median share price target of $4.63 on the business, with a high estimate of $5.10.
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Old Aug 10, 2017, 8:07pm   #7
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mark2017 started this thread Gold up
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Old Aug 17, 2017, 7:55pm   #8
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mark2017 started this thread All You Need To Know About Northern Star Resources Limitedís (ASX:NST) Financial Health
Veer Mallick August 16, 2017
Stocks with market capitalization between $2B and $10B, such as Northern Star Resources Limited (ASX:NST) with a size of $2.94B, do not attract as much attention from the investing community as do the small-caps and large-caps. Surprisingly though, when accounted for risk, mid-caps have delivered better returns compared to the two other categories of stocks. Mid-caps are found to be more volatile than the large-caps but safer than small-caps, largely due to their weaker balance sheet. I will take you through a few basic checks to assess the financial health of companies with no debt.
Check out our latest analysis for Northern Star Resources

Is NSTís level of debt at an acceptable level?

ASX:NST Historical Debt Aug 16th 17

A substantially higher debt poses a significant threat to a companyís profitability during a downturn. For NST, the debt-to-equity ratio is 1.75%, which indicates that the company faces low risk associated with debt.

Can NST meet its short-term obligations with the cash in hand?

ASX:NST Net Worth Aug 16th 17

Debt to equity ratio is an important aspect of financial strength. But if the company has a substantial amount of cash on its balance sheet, that should allay some fear of a debt overhang and increase the chance of meeting upcoming liabilities. In order to measure liquidity, we must compare NSTís current assets with its upcoming liabilities. Our analysis shows that NST is able to meet its upcoming commitments with its cash and other short-term assets, which lessens our concerns for the companyís business operations should any unfavourable circumstances arise.

NSTís ability to meet its short-term liabilities is an indication of financial strength. Its debt level is also relatively low, which reduces some risk for the company and its investors. Now that you know to keep debt in mind when putting together your investment thesis, I recommend you check out our latest free analysis report on Northern Star Resources to see what other factors for NST you should consider.
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