ASX:NSTMetals and Mining
Northern Star Resources (ASX:NST): How Strong Earnings and a Higher Dividend Shape Today’s Valuation
If you’ve been on the fence about what to do with Northern Star Resources (ASX:NST), the company has just handed investors plenty to think about. Northern Star’s latest earnings release showed full-year sales surged to A$6.4 billion, up from A$4.9 billion last year, while net income more than doubled. Following those results, management also announced a higher ordinary dividend of A$0.30 per share. This increase puts extra cash directly into shareholders’ pockets and signals confidence in...