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Northern Star Resources Limited

NST.AXBasic MaterialsASX

Gold

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Financials · Annual
Revenue
$6.41B
+30.4% YoY
Net Income
$1.34B
+109.8% YoY
EBITDA
$3.43B
+58.9% YoY
Free Cash Flow
$287.8M

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About Northern Star Resources Limited

Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. With a market capitalization of $27.21B, it sits in large-cap territory. The company also sells refined gold.

Key stats
Market Cap$27.21B
P/E (TTM)16.13
Fwd P/E8.71
EPS$1.18
Beta1.43
52W Change-13.3%
Dividend Yield2.75%
ROE12.8%
Analysis

Northern Star Resources Limited carries $1.79B in total debt against $865.0M in cash reserves — debt is roughly 2.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $287.8M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 12.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 8.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $3.74B (2022) to $6.41B (2025), reflecting a 72% increase over the period.

Investors considering Northern Star Resources Limited should weigh the typical risks associated with NST.AX's sector, size, and financial profile against their own risk tolerance and investment objectives. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NST.AX.

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