Northern Star Resources Limited

ASX:NST Stock Report

Market Cap: AU$35.9b

Northern Star Resources Management

Management criteria checks 4/4

Northern Star Resources' CEO is Stuart Tonkin, appointed in Oct 2016, has a tenure of 4.25 years. total yearly compensation is A$5.79M, comprised of 31.2% salary and 68.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth A$6.28M. The average tenure of the management team and the board of directors is 4.7 years and 4.3 years respectively.

Key information

Stuart Tonkin

Chief executive officer

AU$5.8m

Total compensation

CEO salary percentage31.16%
CEO tenure9yrs
CEO ownership0.02%
Management average tenure4.7yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Finding Value When There’s None Left: A Case for Northern Star (NST)

Finding genuine value in the current market is becoming increasingly difficult. Stock indices are at or near all-time highs.

Optimistic Investors Push Northern Star Resources Limited (ASX:NST) Shares Up 28% But Growth Is Lacking

Sep 24
Optimistic Investors Push Northern Star Resources Limited (ASX:NST) Shares Up 28% But Growth Is Lacking

Impressive Earnings May Not Tell The Whole Story For Northern Star Resources (ASX:NST)

Aug 27
Impressive Earnings May Not Tell The Whole Story For Northern Star Resources (ASX:NST)

Is Northern Star Resources (ASX:NST) Using Too Much Debt?

Jun 17
Is Northern Star Resources (ASX:NST) Using Too Much Debt?

Is Northern Star Resources Limited (ASX:NST) Trading At A 31% Discount?

May 15
Is Northern Star Resources Limited (ASX:NST) Trading At A 31% Discount?

Why Investors Shouldn't Be Surprised By Northern Star Resources Limited's (ASX:NST) 26% Share Price Surge

Apr 11
Why Investors Shouldn't Be Surprised By Northern Star Resources Limited's (ASX:NST) 26% Share Price Surge

Does Northern Star Resources (ASX:NST) Have A Healthy Balance Sheet?

Mar 01
Does Northern Star Resources (ASX:NST) Have A Healthy Balance Sheet?

Northern Star Resources Limited Just Missed EPS By 7.0%: Here's What Analysts Think Will Happen Next

Feb 14
Northern Star Resources Limited Just Missed EPS By 7.0%: Here's What Analysts Think Will Happen Next

Estimating The Intrinsic Value Of Northern Star Resources Limited (ASX:NST)

Feb 02
Estimating The Intrinsic Value Of Northern Star Resources Limited (ASX:NST)

Northern Star Resources Limited's (ASX:NST) P/E Is On The Mark

Dec 28
Northern Star Resources Limited's (ASX:NST) P/E Is On The Mark
User avatar

Gold Rush Expansion Fuels Profitable Growth Amid Challenging Landscape

Strategic production expansion and infrastructure development may enhance capacity and efficiency, potentially boosting margins and earnings.

Is Northern Star Resources (ASX:NST) Using Too Much Debt?

Nov 12
Is Northern Star Resources (ASX:NST) Using Too Much Debt?

Are Investors Undervaluing Northern Star Resources Limited (ASX:NST) By 26%?

Oct 27
Are Investors Undervaluing Northern Star Resources Limited (ASX:NST) By 26%?

CEO Compensation Analysis

How has Stuart Tonkin's remuneration changed compared to Northern Star Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$6mAU$2m

AU$1b

Mar 31 2025n/an/a

AU$1b

Dec 31 2024n/an/a

AU$946m

Sep 30 2024n/an/a

AU$792m

Jun 30 2024AU$7mAU$2m

AU$639m

Mar 31 2024n/an/a

AU$687m

Dec 31 2023n/an/a

AU$736m

Sep 30 2023n/an/a

AU$661m

Jun 30 2023AU$6mAU$2m

AU$585m

Mar 31 2023n/an/a

AU$404m

Dec 31 2022n/an/a

AU$223m

Sep 30 2022n/an/a

AU$338m

Jun 30 2022AU$5mAU$2m

AU$452m

Mar 31 2022n/an/a

AU$789m

Dec 31 2021n/an/a

AU$1b

Sep 30 2021n/an/a

AU$1b

Jun 30 2021AU$3mAU$1m

AU$1b

Mar 31 2021n/an/a

AU$674m

Dec 31 2020n/an/a

AU$315m

Sep 30 2020n/an/a

AU$286m

Jun 30 2020AU$2mAU$1m

AU$258m

Mar 31 2020n/an/a

AU$229m

Dec 31 2019n/an/a

AU$199m

Sep 30 2019n/an/a

AU$177m

Jun 30 2019AU$2mAU$590k

AU$155m

Compensation vs Market: Stuart's total compensation ($USD3.77M) is about average for companies of similar size in the Australian market ($USD3.94M).

Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.

CEO

Stuart Tonkin (49 yo)

9yrs
Tenure
AU$5,793,447
Compensation

Mr. Stuart Peter Tonkin, BEng (Hons) has been the Chief Executive Officer at Northern Star Resources Limited since October 29, 2016. He has been Managing Director and Director of Northern Star Resources Li...

Leadership Team

NamePositionTenureCompensationOwnership
Stuart Tonkin
CEO, MD & Director9yrsAU$5.79m0.017%
A$ 6.3m
Ryan Gurner
Chief Financial Officer3.8yrsAU$1.55mno data
Simon Jessop
Chief Operating Officer4.8yrsAU$1.75m0.013%
A$ 4.6m
Hilary Macdonald
Chief Legal Officer & Company Secretary9.8yrsAU$1.37m0%
A$ 0
Steven McClare
Chief Technical Officer4.8yrsno datano data
Sophie Spartalis
General Manager of Investor Relations3.9yrsno datano data
Marianne Dravnieks
Executive Manager of People & Culture4.7yrsno datano data
Michael Mulroney
Chief Development Officerno dataAU$889.25kno data
Daniel Howe
Chief Geological Officer3.8yrsno datano data
4.7yrs
Average Tenure

Experienced Management: NST's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stuart Tonkin
CEO, MD & Director4.3yrsAU$5.79m0.017%
A$ 6.3m
Michael Chaney
Independent Non-Executive Chairman4.3yrsAU$600.00k0.0049%
A$ 1.8m
Michael Ashforth
Independent Deputy Chairman of Board1.3yrsAU$215.99k0.0026%
A$ 944.3k
John Fitzgerald
Independent Non-Executive Director12.9yrsAU$267.41k0.0028%
A$ 1.0m
Sharon Warburton
Independent Non-Executive Director4.1yrsAU$262.63k0.0010%
A$ 366.2k
Nicholas Cernotta
Independent Non-Executive Director6.3yrsAU$242.58k0.0018%
A$ 649.8k
Sally Langer
Independent Non-Executive Director4.7yrsAU$284.63k0.00096%
A$ 344.7k
Marnie Finlayson
Independent Non-Executive Director3yrsAU$216.21k0.00058%
A$ 208.2k
4.3yrs
Average Tenure
55yo
Average Age

Experienced Board: NST's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/21 09:42
End of Day Share Price 2025/10/21 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Northern Star Resources Limited is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited
Bradley WatsonBell Potter