Northern Star Resources provided 4QFY20 trading update with production at 267 k/oz and sales 263 k/oz. Kalgoorlie and Jundee offset weaker results at Super Pit.
NST will resume dividend payments and the balance sheet improves following the paydown of $200m of debt.
You're not a member! Trial today
FY21 dividend yield increases to 2% with forecast EBIT of $1.2bn
We have a price target on NST of $15.50
