McCormack covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Evolution Mining , and Pantoro Gold Limited. According to TipRanks, McCormack has an average return of 31.6% and a 69.82% success rate on recommended stocks.
Northern Star Resources Ltd has an analyst consensus of Hold, with a price target consensus of A$22.95, which is a -4.12% downside from current levels. In a report released on August 21, UBS also downgraded the stock to a Hold with a A$24.25 price target.
Based on Northern Star Resources Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$4.21 billion and a net profit of A$949.9 million. In comparison, last year the company earned a revenue of A$3.55 billion and had a net profit of A$833.3 million
